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Unchained

Listener Qs: Laura On Ponzi Schemes, Bubbles, Greed And More

Unchained

Laura Shin

News, Tech News, Business News

4.61.3K Ratings

🗓️ 11 July 2017

⏱️ 60 minutes

🧾️ Download transcript

Summary

In this episode, coming one day after the release of my Forbes cover story online, I answer listener questions, starting with my background, the history of the podcast, whether or not I trade or invest in crypto, and what tokens I think have the strongest real-world application. If you haven't read the cover package, I highly recommend you do so now: Cover story: https://www.forbes.com/sites/laurashin/2017/07/10/the-emperors-new-coins-how-initial-coin-offerings-fueled-a-100-billion-crypto-bubble/ Sidebars: https://www.forbes.com/sites/laurashin/2017/07/10/return-of-the-day-traders/ https://www.forbes.com/sites/laurashin/2017/07/10/how-crypto-tokens-work-a-close-look-at-golem/ https://www.forbes.com/sites/laurashin/2017/07/10/not-so-tiny-bubbles-the-top-25-crypto-assets/ https://www.forbes.com/sites/laurashin/2017/07/10/cryptos-in-wonderland-12-of-the-weirdest-wackiest-coins/ And if you haven't listened to the episode with Olaf Carlson-Wee, I strongly suggest you check that out now as well: iTunes: https://itunes.apple.com/us/podcast/why-the-first-employee-of-coinbase-launched-a-hedge-fund/id1123922160?i=1000382301347&mt=2 Google Play: https://play.google.com/music/m/Dg3qrzci54ppzevdqvztwap2yiu?t=Why_The_First_Employee_Of_Coinbase_Launched_A_Hedge_Fund-Unchained_Big_Ideas_From_The_Worlds_Of_Bloc I also get philosophical, fielding listener questions about whether blockchain is a Ponzi scheme, whether greed will undercut the democratic possibilities offered by blockchain and whether this isn't really a bubble but just a new form of exponential growth. I also cover security in this episode, and would like to point readers to this story that explains the phone hijacking situation: https://www.forbes.com/sites/laurashin/2016/12/20/hackers-have-stolen-millions-of-dollars-in-bitcoin-using-only-phone-numbers/ Some tips on how to protect yourself: https://www.forbes.com/sites/laurashin/2016/12/21/hackers-are-hijacking-phone-numbers-and-breaking-into-email-and-bank-accounts-how-to-protect-yourself/#720a302f4e1b Other episodes referenced in this podcast are the ones with Coin Center, Kathryn Haun, Michael Casey, Elizabeth Rossiello and Matt Roszak. Please give a listen to those as well if you haven't! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

The new Samsung Galaxy Z-Flip 5 and Chromebook are better together.

0:07.0

Take hands-free selfies which automatically sync to your Chromebook, ready to edit, and access

0:11.5

recent chrome tabs across both devices.

0:14.0

The new Galaxy Z Flip5 and Chromebook, better together.

0:18.0

Available on Sky Mobile.

0:20.0

Bluetooth and internet connection required.

0:22.0

You must be signed into the same Google account on both

0:23.8

your phone and Chromebook.

0:27.7

This episode is brought to you by Krakan.

0:29.9

Krypto is like the financial system, but different.

0:33.6

It doesn't care where you come from, what you look like,

0:36.5

your credit score, or your outrageous food delivery habits.

0:40.2

Crypto is finance for everyone, everywhere, all the time.

0:44.4

Visit crackin.com slash see what crypto can be.

0:48.4

To learn more, don't invest unless you're prepared to lose all the money you invest.

0:52.4

This is a high-risk investment and you should're prepared to lose all the money you invest this is a high risk

0:53.2

investment and you should not expect to be protected if something goes wrong.

0:58.2

Hi everyone welcome to season three of Unchained a podcast engineered by

1:05.2

fractal recording and produced by me your host Laura Shin. With this episode

1:09.9

I'm announcing my new position as a Forbes senior editor covering all things crypto.

1:15.1

We have a lot of exciting plans for our coverage of the space so please keep listening and reading.

1:20.7

As you may have heard yesterday, I've got this one's cover story in Forbes and it's all about tokens ICOs

...

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