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The Glenn Show

Yaya Fanusie – The Challenges of Crypto Security

The Glenn Show

Glenn Loury

Politics, Society & Culture, News

4.82.3K Ratings

🗓️ 23 May 2025

⏱️ 50 minutes

🧾️ Download transcript

Summary

Support The Glenn Show at https://glennloury.substack.com

Video Links

0:00 Intro

0:50 Glenn takes a shot at defining “cryptocurrency”

5:28 Yaya fills in the gaps

10:15 Solving the double-spending problem

15:58 The partisan divide on crypto

21:27 North Korea’s crypto hackers

26:29 How crypto protocols create value

33:23 The case of Sam Bankman-Fried and FTX

35:13 How stablecoins can open up global financial markets to nations with weak or unstable currency

36:32 Memecoins: Buyer beware

41:07 China’s use of digital currency to expand its surveillance apparatus

47:35 Should a non-expert invest in crypto?

Recorded May 15, 2025

Links and Readings

Yaya and Emily Jin’s report, “China’s Digital Currency: Adding Financial Data to Digital Authoritarianism”

Yaya podcast’s, Designated

Yaya’s audio thriller, The Jabbari Lincoln Files



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit glennloury.substack.com/subscribe

Transcript

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0:00.0

Please consider becoming a paid subscriber to the Glenn Show at glenlawry.substack.com.

0:06.6

As a subscriber, you will receive new episodes on Mondays instead of Fridays and get access to ticket pre-sales to live events, monthly Q&As with Glenn Laurie and John McWhorter, exclusive content and other benefits. Thank you.

0:23.3

Everybody out there, you've tuned in to the Glenn Show. This is Glenn Lowry. I teach at Brown University.

0:27.9

I'm host of the Glenn Show. We talk here with somebody interesting every week. Every other week,

0:33.3

I have a co-host who's John McWhorter. I teach at Brown University and John teaches at Columbia.

0:39.3

But this week I'm flying solo and I'm talking to Yaya Funisi,

0:45.3

who is adjunct senior fellow at the Center for a new American security.

0:51.3

His research focuses on crypto, blockchain and central bank digital currencies.

0:57.3

And he spent seven years earlier in his career as both an economist and counterterrorism

1:03.2

analyst in the CIA, where he regularly breed federal law enforcement and U.S. military

1:09.3

personnel and White House level policymakers.

1:12.2

So this is a heavy brother that we're talking to over here in the crypto world.

1:17.5

He has a BA in economics from UC Berkeley and a master's in international affairs from

1:23.2

Columbia University and has taught on introduction to blockchain technology at Morgan State

1:32.2

University in Baltimore.

1:35.4

So welcome to the Glenn Show.

1:37.4

Yeah, yeah.

1:38.4

Hey, Glenn, thanks.

1:39.5

It's great to be here for, I think, round two or take two?

1:43.8

Yeah, take two. It's been a while, but what

1:46.4

have you been up to, man? Oh, I've been just working quite a few things. I mean, on the

1:53.0

research side, I recently released a paper, a report, co-authored a report on China's digital

...

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