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MONEY REIMAGINED: Exploring Davos With Grayscale’s CEO Michael Sonnenshein: The Battle for Bitcoin's Soul and the Impact of ETFs

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

🗓️ 24 January 2024

⏱️ 35 minutes

🧾️ Download transcript

Summary

The approval of Bitcoin ETFs has both legitimization and inclusion implications, but the impact on the market is still uncertain. Will a Grayscale ETF Approval Affect Bitcoin's Decentralization and Future Blockchain Technology? 

In this episode of  "Money Reimagined," hosts  Michael Casey and  Sheila Warren discuss their experience at Davos and their interview with Michael Sonnenshein, CEO of Grayscale. They explore the recent approval of the Grayscale Bitcoin Trust (GBTC) ETF and its impact on the market. They also delve into the intersection of AI and crypto, highlighting the potential for blockchain technology to address issues in AI such as bias and deep fakes. The hosts debate the implications of the ETF approval for Bitcoin's decentralization and the battle for its soul. They also touch on the challenges and potential outcomes of the upcoming Ethereum ETF applications.

Links | 

Grayscale's GBTC Has Moved More Than 100K BTC to Exchange Since Spot Bitcoin ETF Launch 

Is Grayscale Takeover Bait Amid Bitcoin ETF Battle?

FTX Affiliate Alameda Research Drops Grayscale Lawsuit

World Economic Forum 

Crypto Council for Innovation 

Michael Sonnenshein | CEOI

Grayscale 

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Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer. 

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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0:00.0

You're listening to CoinDesk's Money Reimagined with Michael Casey and Sheila Warren.

0:13.9

Hello and welcome to another edition of Money Reimagined. I'm Michael Casey and I'm here with my

0:18.7

co-host Sheila Warren. The two of us were in

0:21.5

Davos this past week. That's the place in Switzerland, the most stupid place in the world to have a

0:27.2

giant gathering of CEOs and people with security problems and everything else. It's really the

0:32.3

most impractical thing you could ever try to create. But it is a big institutional experience and has comes in for all sorts

0:40.1

of criticisms and experiences and so forth. And we can talk about that. But what we're going to do today,

0:44.6

Sheila, of course, is to talk about our interview with Michael Sonnonshine, who is the CEO of Grace Gowl and is in

0:50.0

the center of the news right now because of the ETF thing. But before I do that, let's remind everybody that this is Money Reimagined.

0:56.8

You can listen to us weekly on the CD Podcast Network or wherever you get your podcasts.

1:00.9

And we, of course, always would love to hear from you.

1:03.5

So tell us what you think.

1:04.9

Email us at podcast at coinest.com, subject line, money reimagined.

1:08.8

Shealy, you can tell from my voice.

1:10.6

It's a little croaky.

1:11.8

This is routinely the case.

1:14.2

I want to come back from Davos, how are you shaping up?

1:16.3

Yeah, I mean, you know, jet lag coming down from altitude, all of the above.

1:20.0

But it's always a surprisingly, maybe that's offensive, but I do find it to be a surprisingly

1:25.2

productive week. And it is also something that I do think, for better or for worse, and there's arguments

1:30.8

on both sides, it does kind of calibrate and set the table for some of the conversations

1:36.6

that will happen over the course of the year.

...

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