Money Reimagined

On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren riff with each other on the latest fascinating topics in the crypto news cycle: the Federal Reserve's FEDNOW project, crypto regulation, the monopoly of the dollar, stablecoin legislation, MiCA, Elon Musk and much more. Links: Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCsDon’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been CostlyStablecoin Issuers Urged to Anticipate MiCA Rules by EU Banking AgencyIs It Finally Time to ‘X-it’ Twitter for Threads?Twitter Is Dead. Long Live Crypto Twitter?Summary ListFederal Reserve, the FED NOW project for faster payments. | Bipartisan consensus on crypto. 1:05 | The monopoly of the dollar. 3:16 | The form factor of programmable money. 6:38  | Issues with stablecoin legislation. 8:09 | The power dynamic between the agencies. 12:43 | Positive takeaways from the legislation. 18:56 | What happens to crypto Twitter now? 23:09 | The battle over threads. 25:07Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren kick off the show by talking about WorldCoin, which has dominated the news cycle in the crypto space for the last 24 hours. They discuss digital identity as a project, biometrics as an abuse of human rights, and why people are emotional about it. Casey and Warren shift to chat with guest Adrian Hale the Director of Economic & Community Development at Foundry about what is really going on with education and emergent jobs in Bitcoin Mining concerning lower-income communities. Disclaimer: DCG (Digital Currency Group) is the owner of both Foundry and CoinDesk. Other Links: foundrydigital.com  Foundry Deploy Stories: Worldcoin Token Slumps Amid Crypto Community UneaseUK Information Commission to Make Inquiries About Worldcoin Worldcoin Releases Tokenomics, Report Geofenced for Some CountriesElon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto GenerallyDogecoin Bumps 10% on X Payments Speculation, DOGE Futures Traders Lose $10M Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On this episode of “Money Reimagined,” Michael Casey takes listeners on an insightful journey into the world of finance and technology featuring two intriguing interviews conducted on the sidelines of ‘Uncharted’ a Summit held on June 24, 2023, at the residence of media entrepreneur Michael Lowe in Southampton. The first interview is with Sallie Krawcheck, the former head of Bank of America's global wealth and Investment Management Division, and the founder of EllaVest, a groundbreaking digital finance advisory firm tailored for women. With her vast experience in Wall Street, Krawcheck shares her perspective on cryptocurrency and whether EllaVest includes it in their investment strategies.The second interview brings forward Nick Meyer, the founder of Provocative Science, who unveils a fascinating approach to the environmental impact of Bitcoin mining. Rather than viewing it solely as a drain on energy resources, Meyer's team has discovered a unique way to harness the wind output from ASIC miners to drive carbon capture solutions. This innovative dual-purpose proposition aligns with the common notion that Bitcoin mining can support renewable energy development. However, it goes a step further by addressing carbon reduction simultaneously. Meyer sheds light on the principle behind this idea and explains how his provocative science project leverages Bitcoin mining to tackle two critical challenges at once.This episode will leave you with a sense of excitement and hope for the future of finance at the intersection of technology and environmental consciousness.Story Links: Unchartedhttps://sites.google.com/loeb.nyc/uncharted Summary List:Money reimagined with Michael Casey and Sallie Krawcheck. What is the investment case for crypto? 2:43 | The representation of women in the crypto industry. 5:04 | The resistance to diversity in crypto. 7:02 | How to break down myths about diversity? 8:49 | Sally’s background. 10:43 | Nick Meyer and solving the climate crisis while using Bitcoin. | How does carbon capture become profitable?13:02 | The dual purpose idea of Bitcoin.16:13 | Using Bitcoin as a force for good.Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As one of the world's largest asset management firms, BlackRock has shown a keen interest in the digital currency space.On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren chat with Noelle Acheson, former Head of Research at CoinDesk, also Head of Marketing at Genesis, and now Author of the must-read newsletter ‘Crypto is Macro Now’; to delve further into why BlackRock is interested in Bitcoin and how its institutionalization is shaping the market. They further discuss the implications of BlackRock's involvement and its goals for the future.In addition, Casey, Warren, and Acheson examine the positive spin on crypto regulation in Europe and how it has taken years to get to this point. With the European Union's proposed regulatory measures and the role of the state in driving innovation, they analyze the potential impact on the value of Bitcoin and the future of privacy services. Clip:  BlackRock CEO Larry Fink Says Bitcoin Is a Hedge Against the Devaluation of Your CurrencyStory Links: Larry Fink Doesn't Get It, Macro Drama, BTC DominanceCrypto is Macro NowBlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto CredWill BlackRock's Bitcoin ETF Take the Spirit Out of the Honey Badger?Summary List:The Institutionalization of Crypto. 0:00 | Blackrock Ceo’s thoughts on Bitcoin. 1:53 | Does it really matter?5:03 | What’s the goal here for BlackRock? 9:50 | The role of Institutions in the Market. 15:11 | Challenges for traditional financial institutions to engage with Bitcoin. | The positive take on regulation in Europe. 21:24 | How long did it take to get these laws passed? 24:15 | What is the value of Bitcoin? 28:22 | The role of the state in driving innovation. 32:06 | The perfect reason why a universal wallet is important. 35:34-Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On this episode of “Money Reimagined,” Michael Casey and Sheila Warren engage in a captivating conversation with Brady Dale, a reporter from Axios and the author of the book "SBF: How the FTX Bankruptcy Unwound Crypto's Very Bad Good Guy." Brady shares his insights into the fascinating story behind the FTX bankruptcy and its impact on the world of cryptocurrency. The discussion delves into the political philosophy of crypto, taking stock of the current crypto landscape, and the motivations behind Brady's decision to write a first-person account of the crypto industry. Join them as they navigate through the complexities of crypto, exploring its triumphs, controversies, and the powerful characters that shape its future.Topic Links and Stories: Axios.com/authors/bdaleSBF: How the FTX BankruptcyUnwound Crypto’s VeryBad Good GuyThanks Sam! How FTX Led to World’s Worst Crypto Policy5 Lessons From 2022 That Changed Crypto ForeverSummary List: 0:00 Introducing brady dale, former co-writer at Axios crypto newsletter. | How fx bankruptcy unwound crypto. | The Political philosophy of crypto. 1:17 | Why did Brady Dale decide to write a book about cryptocurrency? 3:36 | The three most important cryptocurrencies are Bitcoin, Ethereum and Dogecoin. | Dogecoin’s original NFT and how it evolved. 8:44 | How did you first meet Sam? 13:17 | The calculus of what to do right. 20:05 | The EA movement and Sam. 23:40 | Disdain of institutions and disruption. 28:06 | Greatness and the rise of DeFi. 29:15 | A period of silence on social media. 32:58 | We are tribal creatures and tribes need leaders. 36:32 | Don’t Trust Verify. 38:18 | The inevitability of crypto’s future. 43:00 Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.On this episode of “Money Reimagined,” Michael Casey comes to us from the Uncharted Summit, at Michael Loeb’s expansive house in the Hamptons, and speaks with Mike Novogratz, the CEO and founder of Galaxy Digital about property rights, ETF’s and Galaxy’s partnership with Invesco.From Site:About Uncharted - is a community of some of the world's most preeminent founders and funders to facilitate conversations, promote the exchange of ideas, introduce people to new friends, and re-introduce old ones to build a supportive network for collaboration and cooperation. Uncharted Summit - Our flagship event offers a truly one-of-a-kind summit of the world’s best entrepreneurs and investors. This is an all-day event galvanized by remarkable panels and panelists trying to Chart the Unchartable. Topic Links and Stories: Uncharted Will BlackRock's Bitcoin ETF Take the Spirit Out of the Honey Badger?Circle’s Allaire Says Bitcoin ETFs Likely to Be Approved: BloombergSummary List:From the Uncharted Summit. 0:00 The importance of private property. 0:55 The democratization of the digital economy. 3:03 The new generation of glass. 4:59 Blockchain tickets and how they work. 6:57 How do we get to a policy framework for adoption? 8:54 Decentralization vs centralized crypto projects. 10:44 Is there a regulated security for ETFs? 12:40 Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.From our Sponsor: EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency. EY: Helping you build a better working world. Find out more at blockchain.ey.comSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren speak with the Head of Research at the Bank for International Settlements (BIS), Hyun Song Shin, about the recent release of the Annual Economic Report; discussing the tokenization of deposits and the creation of a unified ledger in which tokenized assets, deposits, and CBDCs could interact in the same platform. Casey, Warren, and Shin take a closer look at the challenges central banks are currently facing and dive into the immobilizing or locking of real-world assets and the legal impediments to tokenization.Topic Links:Bank for International SettlementsAnnual Economic Report 2023Summary List:Introduction to the BIS Economic Report Chapter 3. 1:35 The power of digital currencies and central banks. 4:39 How to harness the power of tokenization. 7:47 The wholesale vs. retail CBDC debate. 12:22 The singleness of money and stablecoins. 15:00 The central bank is the most trustworthy actor. 19:01 Singleness of money and interoperability. 20:23 Importance of preserving the value of money. 22:45 Support from central banks around the world. 26:13Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.From our Sponsor: EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency.  EY: Helping you build a better working world. Find out more at blockchain.ey.comSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren first discuss recent regulation stories that seem to dominate the news everywhere concerning the SEC and its most recent lawsuits against crypto exchanges and the Ripple/Hinman documents. Warren and Casey then examine the newfound role of NFTs (Non-Fungible Tokens) in the Digital Economy as well as who controls monetization in the digital space.Topic Links:The SEC Has Started an All-In Political Battle Over CryptoWhy William Hinman’s Emails Matter to the XRP Army and the Crypto’s PriceGuy Fieri and Sammy Hagar Launch Web3 Tequila Loyalty ProgramSnoop Dogg Drops New NFTs That Evolve With His TourFEWOCiOUS and Adidas Team Up on Digital and Physical NFT SneakersSummary List:News of the Week. 0:00 Understanding the complexity of the digital media space. 4:11 Snoop Dogg NFT. 8:11 Where the “F” is the money? 9:28 Nft’s role in the digital economy. 12:29 Regulation of tokenization. 17:55 How social media is connecting us. 22:26 The relationship between the artist and the fan. 26:19 Who gets to decide what’s culturally relevant? 30:05From our Sponsor: EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency.  EY: Helping you build a better working world. Find out more at blockchain.ey.comMoney Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.The process of rule-making to determine a ‘Security’ is an unsettled issue that may need to be resolved in court. And separately, why the rise of AI, requires effective governance. On this episode of “Money Reimagined,” Michael Casey and Sheila Warren first, examine the latest regulatory news concerning the SEC's suit against both Binance and Coinbase, as well as the implications for the crypto industry and all government agencies. They are then joined by Kurt Hemecker; COO of the Mina Foundation, the public benefit corporation serving the Mina Protocol, to discuss a different area of regulation; artificial intelligence governance. Topic Links:SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao Over Multiple Securities Violation AllegationsSEC Sues Coinbase on Unregistered Securities Exchange AllegationsU.S. Doesn't 'Need More Digital Currency' Because It Has the Dollar, Says SEC's GenslerWhat AI Governance Can Learn From Crypto’s Decentralization EthosSummary List:The suit against Coinbase is different from other cases.Comprehensive complaint against Binance.How the industry is reacting to this complaint.Introduction to Mina Foundation and the MINA protocol.Mina, a layer one blockchain using zero-knowledge technology.The rise of AI and the importance of governance.Ethics and bias in voting- AI. Are we seeing a deep fake on Twitter? Proving humaneness on the blockchain.---Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.From our Sponsor: EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency. EY: Helping you build a better working world. Find out more at blockchain.ey.com.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by EY.On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren explore Europe's post-Brexit landscape and its impact on the region. They discussed the implementation of the Markets in Crypto-Assets Regulation (MICA) and how Europe competes compared to the United States.  Casey and Warren emphasize the importance of understanding the opportunities presented by cryptocurrencies and the need for effective governance. Why does Europe seem more concerned about privacy and data than the U.S.?  Overall, they provide valuable insights into the evolving landscape of crypto regulation and Europe's role in shaping its digital future.Summary Introduction. 0:00 The ongoing regulatory challenges. Washington debt ceiling debate. Biggest takeaways from the week. 2:21 Huge week for Europe post-Brexit. The implementation phase of MICA. Competing with Europe in a post-Brexit world. The difference in the understanding of the opportunity. Coindesk’s thoughts on the consensus. 6:13 Coindesk's consensus report on crypto regulation. How will the U.S regulate crypto? Viewing crypto in isolation and together with technical realities. Governance of the overall architecture. The underlying architecture of the internet. 10:11 Regulating for the narrow use case misses the opportunity. The distinction between AI and blockchain Money vs Bitcoin, money vs information exchange. The European position on the internet. Data Protection Regulation in Europe. 14:27 Data protection in Europe vs U.S. Data exploitation problem in Europe. Why Europeans are concerned about data more than other things? Cultural roots of these things. Bringing homogeneity to the Euro. 18:15 The great European experiment brought homogeneity to the region. The history of Bitcoin and crypto. The cultural differences between Europe and U.S. How the European crypto community is different from the US crypto community. How did the crypto community lobby in Brussels? 23:15 The pan-European crypto community and lobbying in Brussels. How the crypto community got what they wanted. The role of the French Presidency. The importance of self-education and humility. The role of the United States in tech. 28:22 The United States is the epicenter of the world tech. The AI world is bleak. The need for a more positive narrative. How Europe is charting its own digital future. Technology vs. companies. 31:17 Open-source technology. Tech inevitability vs global conversation about it. Shaking the view of America as the center of the universe. The European approach to AI. International regulatory framework for crypto. 36:12 The threat to the U.S. The future of crypto. From our Sponsor: EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency.  EY: Helping you build a better working world. Find out more at blockchain.ey.comMoney Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.