Is There a Way to Coherently Regulate Stable Coins?

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Is there, in fact, any way to coherently regulate stable coins? So i see what the proposal say it's all about capital requirements and deposit insurance. Can that possibly work? Doesn't it end up having to be applied to alif crypto, all payments companies, pay pal, whatever else like, they can do? That's a really interesting question. Sue first fall, i will say, think there is something that does work compared to the current environment. But i'll get your point, mi sacret, is a good one.

Whether it’s scaling an arbitrage opportunity or launching an ambitious philanthropic project, Sam Bankman-Fried has set himself apart. In just a few years, he’s not only made billions trading crypto, but also become a leading practitioner of effective altruism, with the specific aim of making lots of money in order to donate most of it to high-impact causes.

He joined Tyler to discuss the Sam Bankman-Fried production function, the secret to his trading success, how games like Magic: The Gathering have shaped his approach to business, why a legal mind is crucial when thinking about cryptocurrencies, the most important thing he’s learned about managing, what Bill Belichick can teach us about being a good leader, the real constraints in the effective altruism space, why he’s not very compelled by life extension research, challenges to his Benthamite utilitarianism, whether it’s possible to coherently regulate stablecoins, the implicit leverage in DeFi, Elon Musk’s greatest product, why he thinks Ethereum is overrated, where in the world has the best French fries, why he’s bullish on the Bahamas, and more.

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Recorded January 6th, 2022 Other ways to connect

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