Sharplink CEO on Why ETH Will Soon See a Boom in Demand: Bits + Bips - Ep. 934

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Oct 29, 2025

Joseph Chalom, Co-CEO of SharpLink Gaming and former BlackRock strategist, shares insights on the shifts in the financial landscape. He discusses the potential easing of Fed rates amidst a stable economy and how stablecoins could redefine foreign exchange. Chalom predicts that asset tokenization will predominantly thrive on Ethereum, potentially boosting its demand significantly. The conversation also touches on Japan's first yen-backed stablecoin and the new generation's habit of using crypto wallets as their main financial interface.

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INSIGHT

Fed May Preempt AI-Driven Labor Shock

The Fed may cut rates preemptively to blunt an AI-driven shock to white-collar employment.
Joseph Chalom argues the labor market faces a fast, hard downturn once AI materially disrupts knowledge work.

INSIGHT

Stablecoins Strengthen Dollar And Treasuries

Stablecoins denominated in major currencies drive demand for underlying treasuries and reinforce reserve currency status.
Joseph Chalom says USD-based stablecoins will bolster U.S. treasury demand and the dollar's global role.

INSIGHT

Layer-Ones Are Strategic Infrastructure

Layer-ones where tokenized assets live become strategic national infrastructure.
Christopher Perkins calls platforms like Ethereum a new kind of strategic commodity.

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In this episode of Bits + Bips, former BlackRock executive and SharpLink co-CEO Joseph Chalom joins hosts Austin Campbell, Chris Perkins, and Ram Ahluwalia to discuss why the Federal Reserve may move to ease rates despite a “Goldilocks” economy, the growing role of stablecoins in foreign exchange and settlement, and how major banks like JPMorgan and Citi are expanding their use of blockchain.

The conversation also explores Japan’s first yen-backed stablecoin, the implications of AI for the labor market, and the generational shift that could make crypto wallets the default interface for finance.

Plus, the implications of CZ’s pardon and why it’s “bullish” to have Mike Selig chairing the CFTC.

Sponsors:

Hosts:

Ram Ahluwalia, CFA, CEO and Founder of Lumida
Austin Campbell, NYU Stern professor and founder and managing partner of Zero Knowledge Consulting
Christopher Perkins, Managing Partner and President of CoinFund

Guest:

Joseph Chalom, Co-CEO of SharpLink Gaming, Inc.

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Timestamps:

🎬 0:00 Intro
💸 3:23 Why the Fed will likely still cut rates despite a “Goldilocks” economy
👷‍♂️ 6:47 Why Joseph says the labor market is at a “moment that matters” as Amazon cuts 30,000 jobs
🏛️ 8:26 What Chris shockingly heard at a recent Fed conference
⚖️ 10:15 What could force the Fed to become hawkish
🚀 12:33 How the Fed is “frontrunning innovation”
💴 14:46 Why Japan’s first fully yen-backed stablecoin, JPYC, is significant
🌍 17:36 Why Chris is so excited about stablecoins disrupting FX markets
🔗 22:55 Why L1 tokens may be the next “strategic commodity”
🏦 26:25 How major banks are joining the stablecoin race
👛 31:33 Why retail adoption could explode in the coming years
🤖 33:37 How AI agents could soon manage our payments
💡 36:34 Why JPMorgan decided to accept bitcoin and ether as collateral
⚖️ 44:04 Was CZ’s pardon fair, and what about “pay to play” concerns
🐂 54:55 Why having Mike Selig chair the CFTC is “bullish” for crypto

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