Money Reimagined

This episode is sponsored by Roofstock onChainBy what means do we think about identity? A substantial amount of regulation and policy work that is happening in crypto right now is about how and when one will need to classify a transaction or exchange and to what extent pre-existing rules apply in the Web3 space.On this “Best of” episode of “Money Reimagined,” recorded in September at Converge22 by Circle,  Michael Casey and Sheila Warren are together to discuss the challenges of identity and verification in the U.S. and in other countries with Daniel Buchner, head of decentralized identity at  Block; and Chi Nnadi,  the co-founder and chief executive officer at Mara. -This episode was produced and edited by Michele Musso, and our executive producer, Jared Schwartz. Theme songs used are by Dresden the Flamingo, Ryan Saranich, 6 Music, and Afternoonz. -Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.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 Roofstock onChainWhat went wrong? How could companies valued in the tens of billions of dollars a few months ago suddenly be worthless? Was everything that came before FTX a mirage? Is it nothing but a shell game? A Ponzi scheme?What let us down wasn't a technology failure; it was a human one.On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Simon Johnson,  the Ronald A. Kurtz Professor of Entrepreneurship at the MIT Sloan School of Management, and Tyler Cowen, a professor of economics at George Mason University, about what this year's crypto effect means for the future. Simon is the author of five books, including his latest, co-written with Daron Acemoglu, “Power and Progress: Our 1,000-Year Struggle over Technology and Prosperity,” which will be published in May.Tyler Cowen has 16 books written to his credit; his latest is “Talent: How to Identify Energizers, Creatives, and Winners Around the World.”-This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”-Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.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 Roofstock onChain  I think it's fair to say that this year has been remarkable for crypto, as it is the ninth consecutive year that we honor people and institutions that have made a significant impact on crypto, whether for good or bad, by curating a list … CoinDesk’s Most Influential. On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Ben Schiller, managing editor of CoinDesk’s Consensus Magazine, about the much-anticipated release of CoinDesk’s Most Influential 2022. This year's MI project is different in that it includes a non-fungible token (NFT) drop of the artwork that illustrates the stories about each list member. See also: Presenting CoinDesk's Most Influential 2022Coindesk Got Colorful With the Most Influential 2022 NFT Collection-This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”-Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one-click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.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 Roofstock onChain.The crypto world has been a little different every week after the fallout with FTX and the image of Sam Bankman-Fried versus the reality of what was actually happening has created distrust in the crypto industry. So where do we begin to ask the right questions to balance the need for security with privacy for the future? On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Juan Zarate, senior adviser for Transnational Threats Project and Human Rights Initiative at CSIS, the Center for Strategic and International Studies; to discuss how crypto companies can better prepare themselves for financial risks and what is a “rogue state.” -This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”-Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one-click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.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 Roofstock onChainThis is a story of how something can appear to be what it is not. It’s a tale of a jarring contrast between the image the world had of Sam Bankman-Fried before FTX’s meltdown pushed the crypto world into a nauseating tailspin and the reality of a wildly mismanaged multibillion-dollar empire with what Bankman-Fried’s appointed successor described as an “unprecedented” failure of accounting, oversight and discipline. Before Ian Allison’s Nov. 2 CoinDesk scoop on FTX sister company Alameda Research’s suspect balance sheet, Bankman-Fried was seen as a philanthropic, well-connected, celebrity-hobnobbing, marketing-savvy leader, a wunderkind who made crypto respectable. Two weeks later, he is viewed as a laughing stock, a suspected criminal, an irresponsible, wildly underqualified, selfish child who has destroyed the livelihoods of tens of thousands. Wow. What a difference two weeks make!In this episode of Money Reimagined, host Michael Casey chats with two CoinDesk colleagues who’ve delved deeply into the SBF story: Deputy Managing Editor for Companies coverage Tracy Wang and Managing Editor for Global Policy and Regulation, Nikhilesh De. Together they dig into how the erstwhile FTX CEO could have misled the world to such a degree. They explore Bankman-Fried’s journey, how it begins with his adherence to the principles of effective altruism, a stated desire to get as rich as possible to do maximum good, and how it all seems to fall apart as FTX gets bigger. They discuss how his philanthropy, political donations, and marketing efforts hid the dark reality underneath and delve into what needs to happen, at the community level and in regulation, to protect people falling from such distortions in the future. See also:  Divisions in Sam Bankman-Fried’s Crypto Empire Blur on His Trading Titan Alameda’s Balance SheetSam Bankman-Fried's Frequent Commenting Draws Icy Response From FTX's Restructuring ChiefFTX Employees Worldwide Learned of Bankruptcy Along With the PublicThe FTX Collapse Looks an Awful Lot Like EnronThe Long Arm of FTXThis episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”-Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one-click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.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 Roofstock onChainRelm Insurance CEO Joe Ziolkowski spoke with us a few episodes ago about the growing demand for off-chain, crypto-specific insurance and the likelihood of non-crypto insurance products offered on-chain. On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Denis Pitcher, chief fintech adviser to the Office of the Premier in the territory, and Chancellor Barnett, chairman of Jewell Bank, the first recipient of Bermuda’s digital asset banking license; to discuss the other side of Bermuda’s crypto infrastructure as an authority in “firsts” when it comes to the private sector.-This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”-Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one-click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.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 Near.Legislative steps we're taught in civics class are only a small part of what it takes for a bill to become a law. The process of strategy negotiations and long-term thinking for future industries is complex. In addition to balancing huge agendas, lawmakers and their teams have to navigate a complex regulatory environment, all while paying attention to polling data. According to a recent study by the Crypto Council for Innovation, those who own crypto will vote for candidates who support crypto."Money Reimagined" hosts Michael Casey and Sheila Warren speak with Alex Sternhell,  founder of Sternhell Group, and Brett Quick, head of government affairs for North America at the Crypto Council, to discuss the importance of crypto in this legislative season and the upcoming midterm elections. See also:   A Quarter of Americans Say Inflation, Economy Woes Sparking Interest in Crypto, Poll FindsA Majority of US Voters Want More Crypto Regulation, Poll Shows-This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”-NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 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 Near.The Bermuda government has taken an interesting approach to encourage the development of crypto, blockchain, and digital assets within the territory.The insurance sector is one area where Bermuda seems well-positioned to dominate crypto finance and its territory is one of the largest insurance and reinsurance hubs in the world.Does its model set the stage for other countries in the quest for viable insurance?On this episode of “Money Reimagined” host Michael Casey is at the Bermuda Tech Summit in Bermuda and is joined by his co-host  Sheila Warren to speak with Joseph Ziolkowski the CEO of Relm. Relm describes itself as the leading global insurer for companies operating in new and emerging business sectors, such as digital asset/web3, cannabis, and alternative therapeutics. -This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer Jared Schwartz. Our theme song is “Shepard.”-NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 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 Near.Now in the bear market, we are approaching the potential for a secure, privacy-preserving Web3. Why is it so important or even possible to have a truly portable identity now more than ever?On this episode of “Money Reimagined” hosts Michael Casey and Sheila Warren speak with Greg Kidd, a serial entrepreneur, investor, and the founder of the Hard Yaka investment group. As an early investor in companies such as Twitter, Square, Ripple, Coinbase, and Twilio, Gregg also started a digital identity company called GlobaliD.-This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer Jared Schwartz. Our theme song is “Shepard.”-NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. 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 Circle and Near.Over the past year, Michael and Sheila have talked quite a bit on this show about the quickly evolving crypto policy environment. A big theme in all of that has been the intersection – and quite often the clash – between the industry’s breakneck pace of innovation and regulation. As the industry grows, governments around the world are looking to get up to speed, and increasingly their actions have ramifications in the sector. One regulatory body that’s increasingly engaging with the crypto community is the Commodity Futures Trading Commission. The CFTC is an independent U.S. agency that regulates the $200+ Trillion derivatives market including futures contracts, options, and swaps.Since 1974 its mission has been to promote the integrity, resilience, and vibrancy of the U.S. derivatives markets through sound regulation. Now, based on the proposals of some legislative initiatives, it could be poised to take a leading role in the regulation of cryptocurrencies and digital assets in the U.S. – something many in the community are supporting, perhaps in the hope that it will reduce the sway of the seemingly less-friendly Securities and Exchange Commission.To help us understand what all this means, hosts Michael Casey and Sheila Warren speak with former CFTC commissioner Dawn Stump on this 100th episode of “Money Reimagined.”Dawn Stump became a commissioner in 2017 following a presidential appointment and Senate confirmation.  As one of five CFTC commissioners, she helped to shape the priorities of the agency while overseeing policy direction and internal planning. In particular, she was instrumental in negotiating the reform of derivatives regulations contained in the Dodd-Frank Act and in efforts to conduct oversight of commodity and financial derivatives under the jurisdiction of the CFTC. This is a must-listen to better understand the crypto policy environment. As Dawn put it, “The impetus for regulation should not be a crisis; the impetus for regulation should be an opportunity.”-This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer Jared Schwartz. Our theme song is “Shepard.”-NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.