192 episodes

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.

Unchained Laura Shin

    • Business News
    • 5.0, 3 Ratings

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.

    Why Bitcoin Now: Michael Casey and Niall Ferguson on How Bitcoin Fits in the History of Money - Ep.181

    Why Bitcoin Now: Michael Casey and Niall Ferguson on How Bitcoin Fits in the History of Money - Ep.181

    Niall Ferguson, Milbank Family Senior Fellow at the Hoover Institution at Stanford University, and the author of numerous books including The Ascent of Money: A Financial History of the World and most recently, the Square and the Tower: Networks and Power from the Freemasons to Facebook, and Michael Casey, chief content officer at CoinDesk and coauthor of two books on crypto, The Age of Cryptocurrency and The Truth Machine, discuss the history of money and the macro environment for Bitcoin. We cover:
    how they became involved in crypto historically, what has made things money, or how people have decided that something is money the difficulty of managing fiat currency modern monetary theory and the role of the state in the financial system Satoshi’s message in BTC’s genesis block and what that indicates about Satoshi's intentions with Bitcoin  whether a more transparent, blockchain-based financial system could eventually lead to a new financial order how Bitcoin behaves like an option on digital gold, and when it will behave like digital gold whether Bitcoin is simply a reversion to previous forms of money that weren’t controlled by the state how crypto/blockchain and fintech innovation from startups and the Chinese government will affect the USD how a hypothetical war between the US and China would affect the dollar's dominance how China's DCEP could disintermediate banks  how Bitcoin fits into all of the different macro conditions facing the global economy whether Libra is going to be the initial gateway getting people into our digital currency world how well the recovery from coronavirus will go, and how it will affect the development of the crypto space in the near-term  
    Thank you to our sponsors!
     
    Crypto.com: https://crypto.com
     
    Tezos: https://tquorum.com/
     
    Episode links: 
     
    Niall Ferguson: http://www.niallferguson.com
     
    The Ascent of Money: https://www.penguinrandomhouse.com/books/302900/the-ascent-of-money-by-niall-ferguson/
     
    Michael Casey: https://www.michaeljcasey.com
     
    Money Reimagined: https://www.coindesk.com/tag/money-reimagined



    The Age of Cryptocurrency: https://us.macmillan.com/books/9781250081551
     
    The first episode in the Why Bitcoin Now series: Mike Novogratz and Raoul Pal on 'the Single Greatest Brand' ofo the Last 10 Years:  https://unchainedpodcast.com/why-bitcoin-now-mike-novogratz-and-raoul-pal-on-the-single-greatest-brand-of-the-last-10-years/
     
    How Niall got into Bitcoin:
    http://www.niallferguson.com/journalism/finance-economics/bitcoin-may-go-pop-but-its-revolution-will-go-on
     
    Niall and Michael at Consensus: https://www.coindesk.com/disruption-money-and-a-world-of-change-feat-niall-ferguson
     
    Unchained interview with Chamath Palihapitiya, who believes Bitcoin is a hedge on everything blowing up: https://unchainedpodcast.com/chamath-palihapitiya-why-bitcoin-will-be-the-category-winner/
     
    Carlota Perez at CoinDesk's Consensus: https://www.coindesk.com/video/carlota-perez-on-blockchains-and-technological-revolutions
     
    Unchained interview about the DCEP: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/
     
    Unchained interview with Christopher Giancarlo about a digital dollar: https://unchainedpodcast.com/christopher-giancarlo-why-the-us-needs-to-have-a-digital-dollar/
     
    Unconfirmed episode with Michael about Libra: https://unchainedpodcast.com/why-it-would-be-good-if-libra-rivaled-the-us-dollar/

    Unchained episode with a co-creator of Libra: https://unchainedpodcast.com/a-libra-co-creator-on-how-facebook-will-make-money-from-calibra/

    • 1 hr 25 min
    DeFi Yield Farming: Why It's All the Rage But Risky - Ep.180

    DeFi Yield Farming: Why It's All the Rage But Risky - Ep.180

    Dan Elitzer, investor at IDEO CoLab Ventures, and Will Price, data scientist at Flipside Crypto, discuss the yield farming craze. In this episode, we cover:
    the goals of protocols offering liquidity mining the goals of users yield farming right now whether users of Compound will have much awareness of COMP in the future how Compound is trying to dampen inorganic activity and properly align incentives  how incentives in one DeFi protocol can screw up another's such as changes in Compound's liquidity mining program causing Dai to lose its peg whether the activity created by liquidity mining is sustainable and how whether Compound is overvalued and how to determine valuations for DeFi tokens the security risks that come with trying yield farming how teams can keep their protocols safe given the composability of DeFi and the growing number of developments in the space whether the yield farming craze will cause the price of ETH to rise and why the prevalence of stablecoins might prevent that whether new DeFi tokens could push flagging layer 1s out of the top 10 what will happen if even more Bitcoin comes to DeFi how the next big thing in DeFi might be trying to stack yield across protocols and eventually prime brokerage protocols Thank you to our sponsor!
    Crypto.com: https://www.crypto.com
     
    Episode links: 
    Dan Elitzer: https://twitter.com/delitzer
    IDEO CoLab Ventures: https://www.ideocolab.com/ventures/
    Will Price: https://twitter.com/will__price
    Flipside Crypto: https://flipsidecrypto.com
     
    Total value locked in Compound: https://defipulse.com/compound
     
    What liquidity bootstrapping pools are: https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4 
     
    Dan on earning more from borrowing USDT than lending it on Compound: https://twitter.com/delitzer/status/1272642107128164354 
     
    Tony Sheng on how yield farming works and how much you can earn from it: https://twitter.com/tonysheng/status/1274393189231689728
     
    And his followup on the risks of yield farming: https://twitter.com/tonysheng/status/1274780457729617920
     
    The purpose of COMP for governance: https://medium.com/compound-finance/compound-community-ownership-ee0ed1252cc3 
    https://medium.com/compound-finance/expanding-compound-governance-ce13fcd4fe36
     
    Risks of so much BAT being held in Compound: https://twitter.com/spencernoon/status/1276897377446776832?s=20
    https://twitter.com/defiprime/status/1277026665952980992?s=20
    https://twitter.com/devops199fan/status/1274732220192829441?s=20
     
    Cyrus of MakerDAO concerned about the risks COMP poses to the Dai peg: https://forum.makerdao.com/t/upcoming-comp-farming-change-could-impact-the-dai-peg/2965
     
    Dan Guido and Taylor Monahan on Unchained discussing DeFi security: https://unchainedpodcast.com/defi-security-with-so-many-hacks-will-it-ever-be-safe/
     
    Twitter discussion on whether ETH price will rise due to yield farming: https://twitter.com/RyanSAdams/status/1274781676875452421
     
    What will happen to other Layer 1s? https://twitter.com/Shaughnessy119/status/1274376237239189504?s=20 

    Aquaponic yield farming: https://bankless.substack.com/p/aquaponic-yield-farming

    • 1 hr 10 min
    Why Bitcoin Now: Mike Novogratz and Raoul Pal on 'the Single Greatest Brand' of the Last 10 Years - Ep.179

    Why Bitcoin Now: Mike Novogratz and Raoul Pal on 'the Single Greatest Brand' of the Last 10 Years - Ep.179

    This episode is the first in a series, Why Bitcoin Now, that takes a deeper dive into Bitcoin and the history of money in the macroeconomic environment of the coronavirus. Mike Novogratz, founder, CEO and chairman of Galaxy Digital, and Raoul Pal, founder and CEO of Global Macro Investor and Real Vision Group, tell us where they think Bitcoin is going amidst this macro uncertainty and the global crisis due to the coronavirus. We discuss: 
    why Bitcoin’s price hasn't risen in price due to the global turmoil, and instead fell with the rest of the market on Black Thursday  why quantitative easing is the catalyst for institutional investors to turn to Bitcoin, but why that takes time, and why registered investment advisors may be on the cusp why they think retail investors will continue to buy Bitcoin despite record unemployment why Bitcoin will benefit from social unrest why any particular country's success in dealing with the coronavirus won’t really lessen the economic impact there whether China's first-mover advantage with the DCEP and its comprehensive enterprise blockchain initiatives will undermine the global dominance of the US dollar  why they believe there will ultimately be a dollar-based stablecoin  why they believe Libra will be a strong player in the future of stablecoins  how election outcomes, and in particular a potential movement to break up Big Tech, could affect Bitcoin and the vision for Web3 whether Ethereum, and staking, will see more adoption from institutional investors  why they believe yield farming is ultimately not sustainable, but still profitable the impact the Bitcoin halving will have in this macroeconomic environment Unchained is hiring! 
    Check out our job listing for a remote editorial assistant here!
    Thank you to our sponsors! 
    Crypto.com: https://crypto.com
    Kelman Law: https://crypto.law 
    Stellar: https://www.stellar.org 
    Episode links: 
    Mike Novogratz: https://twitter.com/novogratz
    Galaxy Digital: https://www.galaxydigital.io
    Raoul Pal: https://twitter.com/RaoulGMI
    Real Vision: https://www.realvision.com
    Unchained interview with Kyle Samani on what happened in the crypto markets on Black Thursday: https://unchainedpodcast.com/teetering-on-the-edge-how-black-thursday-exposed-the-flaws-in-the-crypto-markets/
    Unconfirmed interview with Antoine Le Calvez on what happened on BitMEX during Black thursday: https://unchainedpodcast.com/what-happened-on-bitmex-during-black-thursday/
    Unchained interview with Chamath Palihapitiya on Bitcoin: https://unchainedpodcast.com/chamath-palihapitiya-why-bitcoin-will-be-the-category-winner/
    Brian Armstrong tweet about deposits to Coinbase the same size as the $1,200 stimulus check: https://twitter.com/brian_armstrong/status/1250907110730170370?s=20
    China's DCEP and blockchain initiative: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/
    Unchained interview on Libra: https://unchainedpodcast.com/a-libra-co-creator-on-how-facebook-will-make-money-from-calibra/
    Unconfirmed interview with the Libra Association's Dante Disparte: https://unchainedpodcast.com/libras-dante-disparte-on-why-we-should-trust-a-financial-system-designed-by-facebook/
    Unconfirmed interview with Michael Casey on why it would it would be good if Libra rivaled the USD: https://unchainedpodcast.com/why-it-would-be-good-if-libra-rivaled-the-us-dollar/
    Christopher Giancarlo's digital dollar project: https://unchainedpodcast.com/christopher-giancarlo-why-the-us-needs-to-have-a-digital-dollar/
    Ethereum 2.0 staking: https://www.coindesk.com/3-ways-staking-will-upend-the-economics-of-ethereum
    Unconfirmed with Kain Warwick on COMP's launch: https://unchainedpodcast.com/why-comp-5xed-on-day-1-and-what-this-means-for-a-defi-bull-market/
    Unconfirmed interview with Tony Sheng on yield farming: https://unchainedpodcast.com/h

    • 1 hr 10 min
    Chamath Palihapitiya: Why Bitcoin Will Be 'the Category Winner' - Ep.178

    Chamath Palihapitiya: Why Bitcoin Will Be 'the Category Winner' - Ep.178

    Chamath Palihapitiya, the CEO of Social Capital and chairman of Virgin Galactic, talks about a wide range of issues, including Bitcoin, COVID, civil unrest, and broad economic trends and forecasts. We discuss:
    Whether his economic forecasts have shifted throughout COVID Why he believes a debt crisis will occur How he views the success of BTC as a hedge against the ruling class How the economic pendulum will swing back toward consumers Why he doesn't mind if big corporations and hedge funds get wiped out Whether he subscribes to the thesis that Bitcoin is uncorrelated  Why the pandemic has not spurred institutional adoption of crypto Why he sees no merit in Ethereum How the economy will become more decentralized in the future and whether blockchain will be a part of it  Why he prefers SPACs over ICOs Why he started capital as a service  Why he believes the government should bust up large corporations Unchained is hiring!
    I'm looking for a remote editorial assistant. If you love crypto and have journalism experience, get in touch! https://unchainedpodcast.com/seeking-remote-editorial-assistant/
    Thank you to our sponsors! 
    Crypto.com: https://crypto.com
    Stellar: https://www.stellar.org 
    Kelman Law: https://www.kelman.law 
    Episode links: 
    Chamath Palihapitiya: https://twitter.com/chamath
    Social Capital: https://www.socialcapital.com/
    Turmoil at Social Capital: https://www.theinformation.com/articles/social-capital-founder-gives-his-account-of-turmoil-at-firm
    https://observer.com/2018/09/chamath-palihapitiya-social-capital-turmoil/
    https://medium.com/@chamath/the-reports-of-our-death-have-been-greatly-exaggerated-11bcc80ee4ab
    2019 interview with Kara Swisher: https://www.vox.com/podcasts/2019/3/4/18247010/chamath-palihapitiya-social-capital-happiness-identity-crisis-kara-swisher-teddy-schleifer-podcast
    Chamath on Recode Decode in 2020: https://podcastnotes.org/recode-decode/chamath-palihapitiya-kara-swisher-investing/
    Fed buying up to $250 billion in individual corporate bonds: https://markets.businessinsider.com/news/stocks/federal-reserve-begins-individual-corporate-bond-purchases-secondary-market-relief-2020-6-1029309910
    CNBC interview where he says Bitcoin is an uncorrelated hedge: https://www.youtube.com/watch?v=-2gDmcU8bDw 
    https://www.cnbc.com/video/2017/12/12/social-capitals-palihapitiya-bitcoin-is-going-to-1-million-in-the-next-20-years.html
    SPAC: https://www.wsj.com/articles/the-modern-ipo-is-useless-lets-reinvent-it-1506361770?mod=searchresults&page=2&pos=13
    China’s blockchain efforts: https://www.coindesk.com/from-banking-giants-to-tech-darlings-china-reveals-over-500-enterprise-blockchain-projects
    Capital as a service: 
    https://caas.socialcapital.com 
    https://medium.com/social-capital/from-experiment-to-product-capital-as-a-service-one-year-later-6d8b4b9c038b
    2019 investor letter: https://www.socialcapital.com/annual-letters/2019
    At Stanford GSB: https://www.youtube.com/watch?v=PMotykw0SIk

    • 1 hr 11 min
    Christopher Giancarlo: Why the US Needs to Have a Digital Dollar - Ep.177

    Christopher Giancarlo: Why the US Needs to Have a Digital Dollar - Ep.177

    At an event at the NYU Stern School of Business, Christopher Giancarlo, former CFTC Chairman and co-founder of the Digital Dollar Foundation, discusses his proposal for a US central bank digital currency (CBDC), and how that fits into the broader geopolitical environment. We cover:
    Why he has focused on pushing for a US digital dollar after leaving the CFTC How a US CBDC would be different from other stablecoins How the proposal is designed to build off of the traditional banking infrastructure What pilot programs would look like How a digital dollar would foster economic inclusion even though using the digital dollar requires owning a smartphone How it would handle privacy How the network would be secured Whether the US is falling behind China in terms of central bank digital currencies and blockchain exploration Whether Libra will be a proxy for the digital dollar How COVID-19 has affected the discourse around a digital dollar Whether the election will affect the future of the digital dollar Unchained is hiring!
    Check out our job listing for a remote editorial assistant here! https://unchainedpodcast.com/seeking-remote-editorial-assistant/
    Thank you to our sponsors! 
    Crypto.com: https://crypto.com
    Kelman Law: https://crypto.law  
    Stellar: https://www.stellar.org
    Episode links: 
    Chris Giancarlo: https://twitter.com/giancarlo
    Digital Dollar Project : https://www.digitaldollarproject.org
    Previous Unchained interview with Chris: https://unchainedpodcast.com/christopher-giancarlo-on-the-craziness-of-becoming-crypto-dad/ 
    Chris and Daniel Gorfine’s WSJ op-ed advocating for a digital dollar: https://www.wsj.com/articles/we-sent-a-man-to-the-moon-we-can-send-the-dollar-to-cyberspace-11571179923
    Digital dollars in stimulus bills — March: https://www.coindesk.com/house-stimulus-bills-envision-digital-dollar-to-ease-coronavirus-recession 
    April: https://www.coindesk.com/digital-dollar-reintroduced-by-us-lawmakers-in-latest-stimulus-bill
    Pew Research on smartphone adoption: https://www.pewresearch.org/internet/fact-sheet/mobile/
    FDIC survey on the unbanked and underbanked: https://www.fdic.gov/householdsurvey/2017/2017execsumm.pdf
    Banks keeping some of customers’ stimulus money: https://www.nytimes.com/2020/04/16/business/stimulus-paychecks-garnish-banks.html
    Why a digital dollar is politically more feasible at this moment than before: https://www.coindesk.com/the-overton-window-opens-for-a-digital-dollar
    Ohio Senator Sherrod Brown also proposes digital dollar: https://www.coindesk.com/us-senate-floats-digital-dollar-bill-after-house-scrubs-term-from-coronavirus-relief-plan 
    Philadelphia Fed paper: https://www.philadelphiafed.org/-/media/research-and-data/publications/working-papers/2020/wp20-19.pdf
    Receptivity in Congress to the idea of a digital dollar: https://www.coindesk.com/how-a-flurry-of-digital-dollar-proposals-made-it-to-congress
    Libra white paper: https://libra.org/en-US/white-paper/#cover-letter
    Congressional hearing on using FedAccounts and for stimulus: https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=406612

    • 54 min
    Rep. Warren Davidson: 'I Think Bitcoin Is a Great Store of Value' - Ep.176

    Rep. Warren Davidson: 'I Think Bitcoin Is a Great Store of Value' - Ep.176

    U.S. House Representative, Warren Davidson, contextualizes the state of crypto legislation in terms of widespread civil unrest, COVID-19, and global shifts in power. He explains where crypto plays a role in these paradigm shifts and talks about:
    Why he believes in crypto, and how he came into the space How his Token Taxonomy Act creates regulatory clarity for token issuers What four conditions tokens would have to meet to not be considered securities Other features of the Token Taxonomy Act, including a de minimus exemption for taxes and no taxation of crypto-to-crypto trades How the pandemic and coronavirus-related fiscal stimulus affects the prospects for the Token Taxonomy Act What he thinks about China's blockchain push and its DCEP digital yuan Whether and how that creates a credible threat to US dominance in global markets Whether Libra could be a counterweight How a shift toward digital currencies could undermine the global reserve status of the USD and whether that affects the US's ability to enforce sanctions How outcomes of the upcoming election will affect the potential passage of crypto-friendly regulation Why it is easier for crypto legislation to be more bi-partisan than other bills   What help he needs from the industry right now to push along crypto-friendly bills Thank you to our sponsors! 
    Crypto.com: https://crypto.com
    Kelman Law: https://crypto.law  
    Stellar: https://www.stellar.org
    Episode links: 
    Rep. Warren Davidson: https://twitter.com/WarrenDavidson
    His House page: https://davidson.house.gov
    Press release on the Token Taxonomy Act: https://davidson.house.gov/media-center/press-releases/token-taxonomy-act-address-blockchain-innovation-flight-america
    Token Taxonomy Act on GovTrack: https://www.govtrack.us/congress/bills/116/hr2144
    Text of the Token Taxonomy Act: https://www.govtrack.us/congress/bills/116/hr2144/text
    Letter requesting IRS clarify some crypto tax policies: https://www.coindesk.com/us-lawmakers-ask-irs-to-clarify-crypto-tax-rules-around-airdrops-forks-in-new-letter
    Congressman Patrick McHenry on Unchained discussing his “permanent beta testing” idea for crypto: https://unchainedpodcast.com/congressman-patrick-mchenry-bitcoin-will-be-of-enormous-value/
    Unchained interview on the DCEP: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/
    Unchained interview with Libra co-creator Christian Catalini: https://unchainedpodcast.com/a-libra-co-creator-on-how-facebook-will-make-money-from-calibra/
    Unchained with Christopher Giancarlo on his proposal for a digital dollar: https://unchainedpodcast.com/christopher-giancarlo-on-the-craziness-of-becoming-crypto-dad/
    Secretary Steve Mnuchin on Libra and a digital dollar: https://www.bloomberg.com/news/articles/2019-12-05/mnuchin-powell-see-no-need-for-fed-to-issue-digital-currency
    Video in which Rep. Davidson says “shitcoin”: https://www.coindesk.com/lawmakers-amp-up-pressure-on-facebook-to-halt-libra-cryptocurrency-development
    Meltem Demirors and Jill Carlson on the Shitcoin Waterfall on Unchained: https://unchainedpodcast.com/meltem-demirors-and-jill-carlson-on-the-shitcoin-waterfall-ep-74/taxes

    • 1 hr 2 min

Customer Reviews

5.0 out of 5
3 Ratings

3 Ratings

Savarb ,

great podcast

really great podcast with amazing insights, love the guests that come on the show and the views they share

half of a nerd ,

B&C Unchained 👌🏽

Unchained is the perfect companion for the dreadful Lagos traffic. Laura’s knowledge, network and smooth vocals always make for an interesting and insightful listen.

Top Podcasts In Business News

Listeners Also Subscribed To