The Risks and Realities of a Proposed Digital Bitcoin Reserve

Back in 2023, Long Reads spoke with Ramaa Vasudevan of Colorado State University for an episode about the development of crypto capitalism. Since then, the crypto industry has launched a concerted effort to establish itself at the heart of the global economic system. Just a few days ago, Donald Trump gave his approval for a major bill designed to boost the sector.

Ramaa Vasudevan spoke to Long Reads again about the mainstreaming of crypto and the threat it poses to global economic stability. This conversation was recorded at the end of March.

Read a transcript of the interview here: https://jacobin.com/2025/06/the-crypto-state

And find Ramaa’s essays for Catalyst here: https://catalyst-journal.com/author/ramaa-vasudevan

Long Reads is a Jacobin podcast looking in-depth at political topics and thinkers, both contemporary and historical, with the magazine’s longform writers. Hosted by features editor Daniel Finn. Produced by Conor Gillies with music by Knxwledge.