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Unchained

The Chopping Block: Why ETH Dumped So Hard After the Merge - Ep. 400

Unchained

Laura Shin

News, Tech News, Business News

4.61.3K Ratings

🗓️ 24 September 2022

⏱️ 60 minutes

🧾️ Download transcript

Summary

Welcome to The Chopping Block! Crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news in the digital asset industry.    Show topics: Why the ETH price slumped after the Merge even though it was successful Whether the BTC security model is flawed and why Robert thinks Bitcoin will change Why Tarun thinks Bitcoin won’t change and why he’s bearish on Bitcoin development Whether the Lightning Network can succeed with so many competitors getting better more quickly ETHPoW’s performance after the Merge, whether it’s dead and why Robert wouldn’t rule out the PoW fork Why Haseeb thinks the criminalization of the collapse of Terra is a bad precedent The broader impacts of the Terra meltdown and whether Do Kwon not disclosing the fact that he had been involved with Basis Cash, which failed, is problematic The House’s draft bill on stablecoins and whether it is necessary to study algo stablecoins What happened with the Wintermute hack  Why Tarun thinks the Wintermute team is incompetent  Whether there is any positive news in crypto lately Who would be a better pick for deploying treasury funds between Three Arrows Capital and Wintermute What Haseeb, Tom, Robert and Tarun are excited about  Hosts Haseeb Qureshi, managing partner at Dragonfly Capital Tarun Chitra, managing partner at Robot Ventures Robert Leshner, founder of Compound  Tom Schmidt, general partner at Dragonfly Capital Episode Links   Post Merge ETHPoW ETH issuance   Do Kwon and Terra Red Notice “Not on the run” Kwon’s Passport   Wintermute hack   House’s Draft Bill on Stablecoins Bloomberg’s Article Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Not a dividend, it's a tale of two pun.

0:02.4

Now, your losses are on someone else's balance.

0:05.2

Generally speaking, air drops are kind of pointless anyways.

0:08.0

I manage trading firms who are very involved.

0:10.8

I like that heat of the ultimate problem.

0:12.8

DeFi protocols are the antidote to this problem.

0:17.8

OK.

0:18.8

Hello, everybody.

0:19.5

Welcome to the chopping block.

0:21.0

Every couple of weeks, the four of us get together

0:22.6

and give the industry insider's perspective

0:24.3

on the crypto topics of the day.

0:26.2

So this is also, I just want to announce,

0:28.0

the 400th show of unchained.

0:30.8

Woo, yeah.

0:31.8

It's amazing.

0:32.3

We're very excited.

0:34.2

We're actually, we're officially

0:35.4

taking over unchained in celebration of the foreign episode.

0:38.2

So every episode from now on is only

0:40.0

going to be the chopping block.

0:41.6

So we're just going to be doing this three times a week.

...

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