CARPE CONSENSUS: Season Tickets for the Crypto Theater
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 17 August 2023
⏱️ 28 minutes
🧾️ Download transcript
Summary
CoinDesk layoffs. Plus, DeFi fails to live up to its promises and a look at Coinbase’s recent flurry of announcements.
On today’s “Carpe Consensus,” hosts Ben Schiller and Danny Nelson dive into the latest crypto news.
- [0:35] Inside the Desk: Ben and Danny discuss CoinDesk’s recent layoffs, which “Carpe Consensus” cohost Cam Thompson was affected by. Crypto’s bear (or as some say, “crab”) market has not been particularly kind to crypto media.
- [4:20] Decentralized Finance (DeFi) promised a new take on governance. It’s unclear what we got instead. The hosts discuss Camila Russo’s piece, “Crypto’s Theater Is Becoming More Surreal.”
- [15:48] Coinbase launched Base blockchain, a layer 2 network. It’s also formed a crypto lobbying agency, all while it’s in the middle of a battle with the SEC.
This one’s for Cam – you’re the best. “Carpe Consensus” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
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| 0:43.9 | Wondery, UK. That's audible.com slash Wondery UK. This is Carpe Consensus. |
| 1:00.7 | Join hosts Ben Schiller and Danny Nelson as they seize the world of crypto. |
| 1:28.5 | Hello and welcome to Carpe Consensus. This is a podcast from the CoinDest Podcast Network, and my name is Ben Shiller. I'm the features editor here at CoinDesk. And joining me today is Danny Nelson. Hi, Danny. Hello, Ben. How are you? I'm okay. It's been a tough week here at CoinDask, and we'll explain all about that in a minute, and we should just say that our normal co-host, Cam Thompson, is not |
| 1:34.0 | with us today and will not be with us going forward, and we'll explain why in a minute. But how are you |
| 1:39.0 | feeling, Danny? It's been a tough week for CoinDest so far. We made a series of layoffs recently, and how are you feeling about that? |
| 1:46.5 | Yeah, it's the crab market, bear market, how you want to call it, takes its toll on everyone, |
| 1:51.8 | including media companies such as ours. So we had pretty extensive cuts this week. And everyone's |
| 1:58.6 | feeling the pain in the newsroom. Yeah, it's definitely a tough time and anyone has been in the media business for as long |
| 2:04.6 | as I have, has seen a lot of these layoffs before, so it's not totally unexpected, |
| 2:09.4 | but this is also connected obviously to the crypto market, which has been in a spiral for |
| 2:13.9 | a while now and we were protected by our parent company for a while, but that's |
| 2:18.5 | gotten into trouble, and we've now gotten into trouble, so it's a tough time. But we're going to |
| 2:24.0 | soldier on through this, aren't we, Dana? Well, we'll certainly see, right? You know, this is my first |
... |
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