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CoinDesk Podcast Network

MONEY REIMAGINED: Navigating Crypto Culture Clash | Strategies for Inclusivity and Positive Online Communities

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7698 Ratings

🗓️ 3 April 2024

⏱️ 48 minutes

🧾️ Download transcript

Summary

Blending tech, culture, and crypto to address online inequities, empowered by blockchain's transformative potential. This episode is sponsored by Consensus 2024  Now Available for pre-order |  Michael Casey’s New Book with Frank H. McCourt, their forthcoming book:  Our Biggest Fight: Reclaiming Liberty, Humanity, and Dignity in the Digital Age In this week's installment of "Money Reimagined," hosts  Michael Casey and  Sheila Warren discuss the intersection of technology, culture, and crypto. They explore the increasing toxicity in certain corners of the crypto community and the need to create a more equitable and inclusive culture. They also touch on moderation challenges and the incentives that drive behavior on social media platforms. Their conversation highlights the importance of building better communities and rethinking the structures and incentives that shape online interactions.  Takeaways | The crypto community needs to address the increasing toxicity in certain corners and strive for a more inclusive and equitable culture. The challenges of moderation on social media platforms highlight the need to rethink the structures and incentives that shape online behavior. Building better communities and promoting positive norms and behaviors is crucial for creating a healthier digital environment. The intersection of technology, culture, and crypto presents opportunities to address inequities and distortions on the internet. The online economy incentivizes extreme behavior and polarizing discussions, driven by the pursuit of attention and financial gain. Crypto culture emerged in the social media era and is influenced by algorithmic systems that prioritize engagement over thoughtful discourse. Blockchain technology has the potential to empower hyperlocal communities and enable meaningful change at a local level. The erosion of local media has contributed to the rise of toxic behavior in online communities. Policy-making should consider the nuances of different communities and focus on addressing local issues that directly impact people's lives. Links |  Crypto Council for Innovation  CoinDesk.com - Consensus is where experts convene to talk about the ideas shaping our digital future. Join developers, investors, founders, brands, policymakers and more in Austin, Texas from May 29-31. The tenth annual Consensus is curated by CoinDesk to feature the industry’s most sought-after speakers, unparalleled networking opportunities and unforgettable experiences.  Take 15% off registration with the code MRP15.  Register now at consensus.coindesk.com - 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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0:45.6

That's audible.com slash Wondery, UK.

0:49.6

People say, well, there's segments of community that treat crypto like a religion.

0:53.5

But fundamental to most religions is this concept of, for your neighbor and care for a stranger,

0:59.3

and a greater good and a higher purpose and all of that. And if this is a religion, well,

1:03.8

it is not founded on those principles.

1:16.5

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

1:23.8

Hello and welcome to another edition of Money Reimagined.

1:29.3

I'm Michael Casey and I'm here on one of what I often look forward to the most is we have wonderful guests but I actually really do enjoy doing these ones where I just sit down

1:33.3

and talk to my wonderful co-host Sheila Warren. It's just the two of us. It's just us.

1:39.4

Two of us. Just, no, that's terrible. I mean, okay.

1:46.6

Casey is not a break into song.

1:47.7

That is not going to happen.

...

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