Equity Monday: China hates crypto, and the Vision Fund's vision lives on
Equity
TechCrunch
4.2 • 372 Ratings
🗓️ 21 June 2021
⏱️ 8 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Equity is brought to you by Extra Crunch, that Prodigious Tech Ranch Paywell you keep running into. |
| 0:05.0 | You can break through that Paywell at a steep discount if you use the promo code Equity. |
| 0:09.0 | If you do, you'll get access to our best stuff and you'll make Equity look really good internally at the same time. |
| 0:13.5 | Enough of that, let numbers behind the headlines. |
| 0:35.4 | It is June 21st of 2021 and I am back. |
| 0:39.6 | Yep, this is Alex after a nice week off. |
| 0:41.8 | I learned how to kayak and even took a couple of naps. So if I owe you an |
| 0:46.1 | email or a DM, sorry about that, but I needed to recharge. It's good to be here. |
| 0:51.6 | To start this week, the cryptocurrency markets are having a hard time due to geopolitical issues, and American stocks are set to rise at the open despite declines in Asian stocks and a generally mixed European trading day. |
| 1:03.0 | Also, remember that we are recording Equity |
| 1:05.2 | live this week on June 24th at 2 PM Pacific Time, |
| 1:09.2 | which is 5 PM Eastern or 9 PM GMT. It's a free show, so please show up and heckle us as we try to bring that old |
| 1:15.9 | live show energy to the virtual world. There is a link to register in today's show notes. |
| 1:21.1 | If people like this and it's a good time and all that, we'll do more of these here and there. |
| 1:24.5 | Of course it's more fun to show about disrupt and do it in person and see everybody but this is the |
| 1:29.0 | next best thing and frankly I think it's going to be a blast. Now the big story this weekend in tech was the shuttering of cryptocurrency mining operations in China. |
| 1:40.0 | The short gist of the story is that the Chinese province of |
| 1:43.1 | Sichuan told power companies to stop providing juice to |
| 1:45.8 | crypto mining operations and sans electricity. Of course you can't run |
| 1:49.3 | computers that then mine Bitcoin souch, it's bad. |
| 1:52.8 | China has long been a hub for cryptocurrency mining |
| 1:55.1 | due in part to excess electricity in some regions, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from TechCrunch, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of TechCrunch and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

