A Top Crypto Exchange CEO Explains Why The 2020 Boom Is Different
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 21 September 2020
⏱️ 52 minutes
🧾️ Download transcript
Summary
Crypto is hot this year again. In 2020, we've not only seen a substantial rally across a lot of different coins, there's been an emergency of new experiments, categories, and protocols. Is it more sustainable this time around, or is it going to fizzle like it did last time? On this episode, we speak with Catherine Coley, the CEO of Binance US about trends in this market, why she left the traditional finance world to go crypto, and where all of this new activity is actually going.
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Transcript
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| 0:00.0 | With Bloomberg you get the story behind the story, the story behind the global birth rate, |
| 0:04.7 | behind your EV batteries environmental impact, behind sand. Yeah, sand, you get context. |
| 0:10.8 | And context changes everything. Go to Bloomberg.com to get context. Hello and |
| 0:25.0 | welcome to another episode of The Odd Lots Podcast, I'm Joe Weisenthall. |
| 0:31.0 | And unfortunately this week my co-host Tracy Allaway is off so she's not going to be joining us and I swear or she swears that it's not just because we're going to be talking about |
| 0:43.9 | cryptocuracies today. She really couldn't make it. But in fact we are doing |
| 0:48.9 | another crypto episode and I'm really excited about our guest today a very important player in the industry |
| 0:56.0 | Of course over the last several months along with everything else |
| 1:00.3 | Everything is going to the moon these days, stocks, gold, bonds, you name it. |
| 1:05.2 | Krypto currencies are no exception and it feels like there is certainly the most amount |
| 1:09.9 | of enthusiasm that we've seen in crypto price since the the boom in 2017 and still the |
| 1:19.3 | questions are remain and there's still plenty of skeptics what's it for where's this all going is this |
| 1:24.4 | just another bubble that will burst like last time so we're going to dig into some of |
| 1:29.1 | these questions today very excited to bring in our guest, Catherine Coley, she is the CEO of Binance U.S. |
| 1:37.4 | A cryptocurrency exchange in the U.S. a wholly owned subsidiary of of finance, which is one of the biggest |
| 1:45.5 | cryptocurrency exchanges in the world. Catherine, thank you very much for joining us. |
| 1:50.5 | Thank you so much, Joe. Really excited to be on. |
| 1:53.8 | So I do remember last time during the last boom, 2017. |
| 1:59.5 | We did see the emergence of Binance, which is the company that owns you. |
| 2:04.5 | Just what is the structure and relationship of Binance and Binance U.S? |
| 2:10.6 | I hate to come out of the gates correcting you on a couple things but I'm going to. |
| 2:15.0 | So, okay that's fine, that's fine. |
... |
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