1 hr 22 min

Stablecoins and National Security | Former CFTC Chair Timothy Massad Bankless

    • Technology

✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/6 
 
------
🎬 DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-the-timothy-massad-interview 
 
------
Are stablecoins a threat to national security? How should the US government step in?
 
We brought Timothy Massad, the perfect guest to help us answer these hard questions. He was the Obama appointed chair for the CFTC, the guy who helped designate Bitcoin as a commodity over 10 years ago.
 
We touch on:
- The importance of stablecoins.
- How stablecoins compare to eurodollars.
- Weather crypto and sanctions can co-exist.
- A sensible policy for stablecoins.
- And finally, his thoughts on what happens next.
 
Timothy brings a whole different perspective from what we’re used to in our crypto bubble. That’s exactly why you should tune into this episode.
 
------
📣 SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium 
 
------
BANKLESS SPONSOR TOOLS:
 
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2  ⁠
 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo 
 
⚖️ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum 
 
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 
 
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku 
 
🌐 CARTESI | APPLY FOR A GRANT
https://bankless.cc/CartesiGovernance 
 
------
TIMESTAMPS
 
0:00 Intro
6:34 Timothy’s Background
9:30 Security vs Commodity
12:46 Stablecoin First Impressions
21:42 The Importance of Stablecoins
28:26 History of the Eurodollar
38:46 Economic Sanctions
47:47 Stablecoins and Sanctions
1:08:59 A Stablecoin Future
1:13:37 A CBDC Future
1:18:49 What about Privacy?
1:20:58 The Role of the Dollar
1:23:18 Stablecoins Abroad
1:25:43 Predictions
1:28:10 Closing & Disclaimers
 
------
RESOURCES
 
Timothy Massad
https://x.com/timmassad 
 
Stablecoins and National Security by Timothy Massad
https://www.brookings.edu/articles/stablecoins-and-national-security-learning-the-lessons-of-eurodollars/ 
 
Five Perspectives on Stablecoins by Nic Carter
https://medium.com/@nic__carter/five-perspectives-on-stablecoins-5bc20076270a 
 
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠  

✨ Mint the episode on Zora ✨
https://zora.co/collect/zora:0x0c294913a7596b427add7dcbd6d7bbfc7338d53f/6 
 
------
🎬 DEBRIEF | Ryan & David unpacking the episode:
https://www.bankless.com/debrief-the-timothy-massad-interview 
 
------
Are stablecoins a threat to national security? How should the US government step in?
 
We brought Timothy Massad, the perfect guest to help us answer these hard questions. He was the Obama appointed chair for the CFTC, the guy who helped designate Bitcoin as a commodity over 10 years ago.
 
We touch on:
- The importance of stablecoins.
- How stablecoins compare to eurodollars.
- Weather crypto and sanctions can co-exist.
- A sensible policy for stablecoins.
- And finally, his thoughts on what happens next.
 
Timothy brings a whole different perspective from what we’re used to in our crypto bubble. That’s exactly why you should tune into this episode.
 
------
📣 SPOTIFY PREMIUM RSS FEED | USE CODE: SPOTIFY24
https://bankless.cc/spotify-premium 
 
------
BANKLESS SPONSOR TOOLS:
 
🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE
https://k.xyz/bankless-pod-q2  ⁠
 
🔗CELO | CEL2 COMING SOON
https://bankless.cc/Celo 
 
⚖️ARBITRUM | SCALING ETHEREUM
⁠https://bankless.cc/Arbitrum 
 
🛞MANTLE | MODULAR LAYER 2 NETWORK
https://bankless.cc/Mantle 
 
🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION
https://bankless.cc/toku 
 
🌐 CARTESI | APPLY FOR A GRANT
https://bankless.cc/CartesiGovernance 
 
------
TIMESTAMPS
 
0:00 Intro
6:34 Timothy’s Background
9:30 Security vs Commodity
12:46 Stablecoin First Impressions
21:42 The Importance of Stablecoins
28:26 History of the Eurodollar
38:46 Economic Sanctions
47:47 Stablecoins and Sanctions
1:08:59 A Stablecoin Future
1:13:37 A CBDC Future
1:18:49 What about Privacy?
1:20:58 The Role of the Dollar
1:23:18 Stablecoins Abroad
1:25:43 Predictions
1:28:10 Closing & Disclaimers
 
------
RESOURCES
 
Timothy Massad
https://x.com/timmassad 
 
Stablecoins and National Security by Timothy Massad
https://www.brookings.edu/articles/stablecoins-and-national-security-learning-the-lessons-of-eurodollars/ 
 
Five Perspectives on Stablecoins by Nic Carter
https://medium.com/@nic__carter/five-perspectives-on-stablecoins-5bc20076270a 
 
------
Not financial or tax advice. See our investment disclosures here:
https://www.bankless.com/disclosures⁠  

1 hr 22 min

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