Tyler and Cameron Winklevoss on Being the 'Fastest Tortoise in the Race' - Ep.103
Unchained
Coinbase Pro and Gemini Secured Insurance Coverage for Digital Assets
Gemini secured insurance coverage for the digital assets in your online hot wallet. So what does that mean exactly? And what instances does the insurance apply for how much? "I think we achieved the highest level, the highest aggregate amount"
Gemini's Tyler and Cameron Winklevoss, who serve as chief executive and president, respectively, discuss their new ad campaign -- what they mean when they say crypto needs rules, why they agree in certain respects with some of their critics, and what the general reaction has been. They discuss why they launched a stablecoin, why they chose the stablecoin structure of dollar reserves and GUSD's role in an arbitrage involving a Chinese exchange and a competing stablecoin. They also explain how they intend to make a Bitcoin ETF a reality, what they think of SEC Commissioner Hester Peirce's dissent and what they intend for the Virtual Commodity Association. Plus, the brothers talk about why their goal is to be "the fastest tortoise in the race."
Thank you to our sponsors!
Tokensoft: https://www.tokensoft.io
Microsoft: https://twitter.com/MSFTBlockchain
CipherTrace: http://ciphertrace.com/unchained
Episode links:
Gemini's new ad campaign: https://www.wsj.com/articles/winklevosses-cryptocurrency-exchange-says-the-revolution-needs-rules-11546599600
Negative reaction to Gemini ad campaign from crypto community:
Erik Voorhees: https://twitter.com/ErikVoorhees/status/1081204430857416706
Gemini USD gets approval of New York Department of Financial Services: https://www.bloomberg.com/news/articles/2018-09-10/controversial-crypto-coin-tether-to-get-regulated-competitors
Past episodes with other stablecoin projects:
USDC/Circle: https://unchainedpodcast.com/circles-jeremy-allaire-and-sean-neville-on-why-crypto-will-be-bigger-than-the-web-ep-71/
TrueUSD: https://unchainedpodcast.com/harbor-and-trusttoken-on-why-they-dont-mind-being-unsexy-ep-77/
MakerDAO: https://unchainedpodcast.com/why-its-so-hard-to-keep-stablecoins-stable/
Bloomberg reporter Matt Leising on Tether: https://unchainedpodcast.com/bloombergs-matt-leising-on-why-it-appears-tether-has-sufficient-dollar-reserves-ep-052/
Trading of GUSD for Pax and cashing out via Huobi:
GUSD distribution on Etherscan: https://etherscan.io/token/tokenholderchart/0x056fd409e1d7a124bd7017459dfea2f387b6d5cd
Cameron and Tyler's AMA on Reddit: https://www.reddit.com/r/IAmA/comments/adk0ua/we_are_cameron_and_tyler_winklevoss_cofounders_of/edhlb3b/
SEC commissioner Hester Peirce's dissent on Bitcoin ETF decision: https://www.sec.gov/news/public-statement/peirce-dissent-34-83723
Bitcoin Cash launch on Gemini: https://medium.com/gemini/bitcoin-cash-is-now-available-on-gemini-cc75299d892f
The 51% attack on Ethereum Classic: https://unchainedpodcast.com/the-ethereum-classic-51-attack-how-it-happened-and-why-the-price-didnt-crash-ep-055/
Gemini year in review
https://medium.com/gemini/geminis-2018-year-in-review-1cd0815dd45e
Virtual Commodity Association: https://medium.com/gemini/joining-the-virtual-commodity-association-8bdf3b2f803e
Gemini's new mobile app:
https://medium.com/gemini/introducing-the-gemini-mobile-app-crypto-on-the-go-1448d2ae74fa
USD Coin's banking partners: https://support.usdc.circle.com/hc/en-us/articles/360015278272-Who-are-the-banking-and-financial-partners-you-are-using-for-USDC- TrueUSD's trust companies and their correspondent banks: https://blog.trusttoken.com/who-are-the-correspondent-banks-and-trustee-partners-for-trueusd-e12508f0d5a2
Learn more about your ad choices. Visit megaphone.fm/adchoices
The AI-powered Podcast Player
