

Crypto's coming of age moment
Aug 14, 2021
The hosts discuss the fast-paced world of crypto amidst sluggish governmental regulations, highlighting potential pitfalls. Coinbase's stellar earnings spark interest in funding new trading platforms, while debates on crypto tax legislation reveal the struggles lawmakers face. The competition between Coinbase and Robinhood intensifies, with each platform vying for dominance in the crypto trading space. Excitement buzzes around Cardano's advancements in decentralized finance, suggesting a rivalry with Ethereum could be heating up.
AI Snips
Chapters
Transcript
Episode notes
Ill-Fitting Crypto Regulations
- The US infrastructure bill's crypto tax provisions face criticism for applying outdated definitions.
- This misapplication could stifle the crypto industry's growth due to ill-fitting regulations.
Ethereum surpasses Bitcoin
- Ethereum trading volume exceeded Bitcoin's on Coinbase in Q2 2023.
- This shift is attributed to increased activity on the Ethereum chain, potentially driven by NFTs.
Coinbase's Public Strategy
- Coinbase plans to operate as a public company much like it did as a private one.
- They will hoard cash and prioritize long-term vision, even foregoing typical shareholder returns.