MONEY REIMAGINED: Democratizing Finance | BlackRock's Role in the Institutionalization of Bitcoin

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 12 July 2023

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

As one of the world's largest asset management firms, BlackRock has shown a keen interest in the digital currency space. On this episode of “Money Reimagined,” Michael Casey and Sheila Warren chat with Noelle Acheson, former Head of Research at CoinDesk, also Head of Marketing at Genesis, and now Author of the must-read newsletter ‘Crypto is Macro Now’; to delve further into why BlackRock is interested in Bitcoin and how its institutionalization is shaping the market. They further discuss the implications of BlackRock's involvement and its goals for the future. In addition, Casey, Warren, and Acheson examine the positive spin on crypto regulation in Europe and how it has taken years to get to this point. With the European Union's proposed regulatory measures and the role of the state in driving innovation, they analyze the potential impact on the value of Bitcoin and the future of privacy services. Clip: BlackRock CEO Larry Fink Says Bitcoin Is a Hedge Against the Devaluation of Your Currency Story Links: Larry Fink Doesn't Get It, Macro Drama, BTC Dominance Crypto is Macro Now BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred Will BlackRock's Bitcoin ETF Take the Spirit Out of the Honey Badger? Summary List: The Institutionalization of Crypto. 0:00 | Blackrock Ceo’s thoughts on Bitcoin. 1:53 | Does it really matter?5:03 | What’s the goal here for BlackRock? 9:50 | The Role of Institutions in the Market. 15:11 | Challenges for traditional financial institutions to engage with Bitcoin. | The positive take on regulation in Europe. 21:24 | How long did it take to get these laws passed? 24:15 | What is the value of Bitcoin? 28:22 | The role of the state in driving innovation. 32:06 | The perfect reason why a universal wallet is important. 35:34 Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach. 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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1:02.5	Money Reimagined is about the changing nature of money, digital currencies,
1:07.0	and various topics related to finance, blockchain technology, artificial intelligence, and more.
1:13.3	Michael Casey and Sheila Warren walk us through the dynamic and evolving nature of the global economy
1:18.6	and the implications for businesses, governments, and individuals, as they must adapt to new payment
1:24.4	methods and technologies. Welcome to Money Reimagined.
1:30.7	Hello and welcome to Money Reimagined. I'm Michael Casey. Thank you for joining us.
1:35.8	You can, of course, listen to us weekly here on the CoinDest Podcast Network or wherever you get
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1:49.9	you can email us at podcast at coin desk.com make sure you use the subject line money reimagined
1:56.6	okay uh this week it's the it's kind of like the topic that's been around Sheila for, you know, I suppose about a month or so now, the institutionalization of crypto. Of course, the big news from a month or so ago of BlackRock and then a few others either submitting or resubmitting their ETF applications, giving everybody
2:20.9	the idea that the institutions are coming. BlackRock, of course, being the biggest asset
	...

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