AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
US crypto crackdown with Vinny Lingham & Sunny Madra + OK Boomer | E1680
This Week in Startups
Why Stablecoins Need to Be Regulated?
3min Snip
00:00
Summary
Transcript
Episode notes
There's two different types of stablecoins. There's algorithmic ones and then there's acid backed ones, okay? And acids can be cash or bonds or whatever else. Luna was an algorithm one, but the Luna Foundation will help custody of those funds. So they were operating as effectively a bank managing the float for a coin. But you have to trust the underlying counterparty holding those funds. When something is not trustless, regulations should not apply.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode