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CoinDesk Podcast Network

BREAKDOWN: How the Fed Fans the Flame – The Best of The Breakdown June 2020

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 29 June 2020

⏱️ 29 minutes

🧾️ Download transcript

Summary

Guests from the crypto investor Ari Paul to Harvard prof Dr. Vikram Mansharamani discuss bitcoin, the economy and social unrest.

This episode is sponsored by Bitstamp and Ciphertrace.

June 2020 will go down in the history books as an extremely chaotic and confusing period. 

In this “Best of the Month” retrospective, we look at some of the best guest conversations from The Breakdown, including:

  • Human Rights Foundation CSO Alex Gladstein on the importance of cash for privacy
  • DigiChina Editor-in-Chief Graham Webster on China’s decade-long turn away from liberalism 
  • Alhambra Investments lead researcher Jeff Snider on why the Federal Reserve’s power is a myth
  • Popular Front founder Jake Hanrahan on the media’s veneer of objectivity
  • Castle Island Ventures’ Nic Carter on why people should have rights to their social media profiles
  • The Crypto Dog on mining bitcoin in 2011
  • Independent macro analyst Jesse Felder on the Fed’s role in increasing inequality 
  • BlockTower Capital’s Ari Paul on how people lose faith in central banks
  • “Think For Yourself” author Dr. Vikram Mansharamani on the recipe for inflation
  • Independent oil and trading expert Tracy Shuchart on how easy money enabled the shale revolution 
  • Adamant Capital’s Tuur Demeester on historical analogies for seething discontent

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to the breakdown, an everyday analysis breaking down the most important stories in Bitcoin, crypto, and beyond.

0:14.0

This episode is sponsored by BitStamp and Cipher Trace.

0:19.0

The breakdown is produced and distributed by CoinDes.

0:23.5

And now, here's your host, NLW.

0:28.8

Welcome back to the breakdown.

0:30.8

It is Monday, June 29th, and here we are at the end of another month.

0:35.9

This one has been rough, to put it bluntly. We have seen

0:40.1

some of the most intense civil unrest that we've seen since the late 60s. We are currently

0:46.6

in the middle of a re-outbreak of this pandemic and all the consequences that might come with

0:52.7

that. We've had the somehow it makes sense

0:55.5

absurdity of a Robin Hood rally and a Davy Day Trader Global Movement that is pumping bankrupt

1:01.6

stocks. So on this episode, we're going to look back across some of the clips from guests

1:06.4

that I've had over the course of this month. It's a pretty wide-ranging group of people, and I hope

1:11.9

that you enjoy this walk-down recent memory lane. This is mostly in chronological order, but

1:17.6

I do try to put together a sort of narrative through line, so let's dive in. We kicked off the

1:23.6

month with the discussion with Alex Gladstein, who is the chief strategy officer of the

1:28.2

Human Rights Foundation. The conversation focused largely on the raised stakes of the discussion

1:32.9

in the battle between privacy and surveillance and how the new context of electronic and digital

1:39.0

money changes the nature of that fight. In this clip, Alex discusses how important cash is as a release valve

1:46.1

in that system. It's just another attack vector on people's liberties. You have cash, which was

1:53.2

certainly, you know, created from a economic, organic perspective, right, as an easier way of doing commerce to the point where

2:03.6

I just learned this recently.

...

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