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CoinDesk Podcast Network

BREAKDOWN: The $20,000 Human IPO and 5 Other Crypto Stories That Have Nothing to Do With COVID-19

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

🗓️ 14 April 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

Even as the market tries to make sense of everything happen (or ignores it, depending on your perspective), crypto keeps on plugging along. 

Today on The Breakdown @NLW looks at 5 recent crypto stories that are representative of larger trends, including:

  • Coinbase Custody enabling staking for Polkadot DOTs
  • A Telegram-focused exchange shutting down due to regulatory compliance costs
  • A $20k Human IPO on Ethereum 
  • Shapeshift acquires Portis & other crypto M&A
  • A G20 report on the threat of Stablecoins

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Transcript

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0:00.0

Welcome back to The Breakdown, an everyday analysis breaking down the most important stories in Bitcoin, crypto, and beyond, with your host, NLW.

0:15.0

The Breakdown is distributed by CoinDesk.

0:20.0

Welcome back to The Breakdown. It is Tuesday, April 14th. I hope that you guys are

0:26.1

coming back off of a great Easter weekend. Maybe you took a long weekend. Maybe there's no such

0:31.0

thing as a long weekend anymore because of quarantine. But either way, I hope you're doing well.

0:35.5

Earlier today, I went to Twitter to ask what people wanted out of today's episode.

0:41.3

I said that it was either going to be option one, five evolving COVID-19 narratives,

0:46.7

such as dollar strength, contact tracing, supply chains, and declinification, or option

0:52.4

two, catching up on the crypto conversation, such as Libra

0:56.2

Stablecoin risks, ton regulatory issues, and more.

1:00.1

And by a two to one margin, folks voted for option two, catching up on the crypto conversation.

1:06.7

Now, this could be a small sample bias, but I do think that I've noticed a certain amount of

1:12.7

corona fatigue in the podcast market, let's say. And I think there's a few reasons for that.

1:18.9

One is we've now been in this for a really long time, right? The hype and just heightened

1:25.7

everything of going into lockdown and watching this unfold before us,

1:30.6

while scary and tumultuous is also something that we want to watch in a really close way.

1:36.7

And you could see that in how people were paying attention in the first couple of weeks.

1:40.6

Now we've sort of settled into a new norm.

1:47.3

We've settled into a new reality. And in a lot of ways, we're just past the point where all we want is for it to end, for us to go back to some sort of normal.

1:54.3

Now, I've said before on this podcast, and I will say it again, that I don't believe there's

1:58.9

another normal on the other side. I still think we are woefully behind in terms of figuring out what it looks like to get us back to work

2:06.9

and all too willing to create this dialectic between health outcomes on the one side

...

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