SOB: The Ups and Downs of Crypto Loans
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 1 February 2022
⏱️ 25 minutes
🧾️ Download transcript
Summary
On this episode of Speaking of Bitcoin, join hosts Adam B. Levine, Andreas M. Antonopoulos, Stephanie Murphy and Jonathan Mohan for a discussion about loans in the world of crypto.
This episode is sponsored by Nexo.io.
HODL. It's crypto-land philosophy for not selling your preferred token even when things look their most bleak. But where philosophy intersects with real-world concerns like shelter, food and the niceties of life, tactics have emerged which offer both opportunities and risks. From collateralized smart contracts to real-world mortgage lenders, the hosts discuss their experiences with loans in the world of crypto.
-
Nexo is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 17% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at nexo.io.
-
Credits
Today’s show featured Andreas M. Antonopoulos, Jonathan Mohan, Stephanie Murphy and Adam B. Levine, with editing by Adam B. Levine and music by Gurtybeats.com. Our episode art is a picture provided by The New York Public Library, modified by Speaking of Bitcoin.
Any questions or comments? Send us an email at [email protected]
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This episode of Speaking of Bitcoin on the Coin Desk Podcast Network is brought to you by nexo.io. |
| 0:06.3 | You've probably heard of terms like short squeeze and long squeeze and margin call. |
| 0:12.6 | And for many people, these are esoteric terms used by traders. |
| 0:17.2 | But there comes some moments in the market where we all get the clarity of personal experience to remind us that these terms mean something very, very down to earth, very practical. |
| 0:27.4 | Right now, we're in a long squeeze. What does that mean? |
| 0:30.8 | That means that if you've taken a position where you hold a lot of Bitcoin and the price goes down rapidly, you run out of money to pay your |
| 0:39.3 | electricity bill or your rent. Basically, your landlord is putting a margin call and you are feeling |
| 0:46.1 | the long squeeze. That's what we'll talk about in this episode of Speaking of Bitcoin. |
| 0:54.5 | I'm Andreas and on this episode episode I'm joined by the other co-hosts, Adam B. Levine. |
| 1:00.5 | Hi. |
| 1:01.4 | Jonathan Mohan. |
| 1:02.9 | Hey, hey. |
| 1:04.2 | And Dr. Stephanie Murphy. |
| 1:06.0 | Hi. |
| 1:07.1 | So, one of us here has actually experienced the margin call, but I'm certainly getting a lot of emails and messages from people saying, I'm under pressure. |
| 1:17.2 | Price has gone down. |
| 1:18.3 | I've run out of cash, cash meaning US dollar or fiat, and I've got to pay bills. |
| 1:24.0 | What can I do other than be forced to sell my Bitcoin at a time when the market price is down |
| 1:32.3 | and it's going to really hurt to sell my Bitcoin? |
| 1:35.8 | We also got some listener messages that kind of relate to this topic. |
| 1:40.6 | One person was asking us, they said they're currently looking for a new house to buy. |
| 1:45.9 | Could you talk about the current situation, inflation and store of value alternatives, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.