Study Hall: WHAT'S NEXT FOR CRYPTO?

Earn Your Leisure

EYL Network

Education, Entrepreneurship, News, Business News, Investing, Careers, Business

4.8 • 7.8K Ratings

🗓️ 24 March 2023

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this Study Hall we discuss stable coin having 3.3 billion in Silicon Valley Bank exposure. Stable coin wasn't designed to fluctuate on a daily basis, so what does this tell us about crypto going forward.

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

Click on a timestamp to play from that location

0:00.0	Let's talk about a little crypto, shall we?
0:02.7	So, stablecoin, USDC breaks dollar peg
0:06.6	after the firm reveals it has $3.3 billion in SVB exposure.
0:13.6	$3.3 billion.
0:14.5	Stablecoin is one of these,
0:16.3	so stablecoin is extremely important
0:18.7	because that's the stablecoin, right?
0:20.8	So, the thing with crypto is that crypto currency,
0:24.4	the word currency is a little misleading
0:26.4	because most people aren't using it as currency.
0:29.6	Currency can't really fluctuate like that.
0:31.4	Keep paying another shot
0:32.4	because they always have a bad script up there.
0:34.8	Well, do you have like a 50 millimeter or something?
0:37.0	No, I do.
0:37.8	I do want to talk about pretty much the ends of one of them.
0:40.3	I do want to talk about crypto too
0:41.4	because you have to get me,
0:42.9	me at AB actually had an enlightened conversation
0:45.2	with Chris Lyons, you know Chris Lyons?
0:46.4	Yeah.
0:47.4	So, I'll talk about that actually.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from EYL Network, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of EYL Network and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.