Money Reimagined

With bitcoin and crypto's rise in popularity and value, there have been discussions about the industry's energy use, impact on the environment and sustainability measures. Energy infrastructure investments are essential as the world moves to reduce its carbon footprint. On this episode of “Money Reimagined,” Michael Casey and Sheila Warren will be exploring the cryptocurrency footprint on energy consumption with guests Margot Paez,  Ph.D. candidate and Fellow at the Bitcoin Policy Institute, and Will Foxley, director of content at Compass Mining and co-host of CoinDesk’s “The Hash” on both CoinDesk TV and the CoinDesk Podcast Network.  It is a big week for energy in Houston, Texas, where Sheila and Margot are reporting … CERAWeek!  It is the “largest gathering of high-profile oil executives and energy ministers” in the world. CEOs and Ministers from nearly 90 countries attend the yearly conference in Houston. A record 8,000 are here, including John Kerry; John Podesta; U.S. Senators Murkowski, Manchin and Sullivan; and CEOs from BP, Shell, Chevron, Amazon Web Services and Palantir.It’s also the week of the Empower conference, which is the only bitcoin mining event with a focus on energy. See Also:https://www.courthousenews.com/environmental-impacts-of-crypto-mining-under-microscope-in-senate/https://iowacapitaldispatch.com/2023/03/07/u-s-senate-panel-probes-how-crypto-mining-increases-energy-consumption/-Michele Musso produced and edited this episode with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”-Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What is the purpose of staking? And what is the motivation? On this episode of “Money Reimagined,” Michael Casey and Sheila Warren will be exploring the ever-evolving world of staking with CoinDesk Ethereum protocol reporter Margaux Nijkerk. Some are calling it the Shanghai upgrade. Others say that technically, it’s the Capella upgrade. Still, others are merging the two and calling this the Shapella upgrade. Whatever you call it, this week’s “Money Reimagined” episode is tackling one of the more important changes to Ethereum’s core code since last year’s successful Merge to a proof-of-stake consensus mechanism. The key part of is the 32 staked ether each validator was required to lock up before and after the Merge to bootstrap the system is now being unlocked. This might sound like a nerdy topic. But thanks largely to the excellent, clear explanations of Margaux Nijkerk, the episode makes it clear that everyone should care about this as the upgrade opens up some important questions that go to the heart of crypto’s core principles:How to democratize blockchain systems so all users, not just the whales and corporate entities, have a stake (literally) in their governance and validation mechanisms Whether the Securities and Exchange Commission’s recent crackdown on Kraken’s staking-as-a-service offering in the U.S. will make it easier or harder for individuals to participate What all this means for arguably the most important principle of all: the goal of decentralization, the idea that a cabal of big players can’t ever collude to censor transactions You’ll also hear a discussion of what unlocking such a large amount of ether might mean for the token’s price, get some education on how blockchain developer communities coordinate such upgrades and are invited to contemplate what all this means for the future of crypto. See Also:ConsenSys, Developer of Ethereum Software, Says zkEVM Public Testnet to Go Live March 28Shanghai + Capella = 'Shapella': How Ethereum Devs Now Refer to Upcoming Upgrade-Michele Musso produced and edited this episode with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”-Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As of late, the focus of the crypto space has been on the wrongdoing of a group of people that used the current state of this technology to take advantage of others and advance their own interests. But what about the victims? Where is the compassion for their loss and the loss of trust within the crypto space? On this episode of “Money Reimagined,” Michael Casey and Sheila Warren are together again, discussing Sheila’s recent testimony in front of the California state legislature about the current perception of the state of the crypto economy and environment; also, Michaels’ article on CoinDesk journalists who were awarded Polk Awards for the scoop and followups, that led to the collapse of Sam Bankman-Fried’s FTX crypto empire. See Also:CoinDesk's Major Award Is a Huge Moment for Us and Crypto Media GenerallyCoinDesk Wins a Polk Award, One of Journalism's Top Prizes, for Explosive FTX Coverage-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.”-Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What is the role of the U.S. dollar? Is it not just a purchasing power but a language? As the crypto economy shifts, can stablecoins keep Bitcoin's original promise in payments, foreign exchange and cross-border settlement?On this episode of “Money Reimagined,” Michael Casey speaks with Gordon Liao, chief economist at Circle, the creator and issuer of the USDC stablecoin token; and Alex McDougal, the CEO of Stablecorp, a Canadian-based company that has created the Canadian dollar-backed stablecoin QCAD, to discuss the future of payments with the integration of stablecoins in the ever-changing crypto economy. -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.”-Are you building the next big thing in Web3? Apply to pitch your project live on stage at the CoinDesk Pitchfest Powered by Google Cloud at Consensus, the industry’s most influential event happening April 26-28 in Austin, Texas. Apply by March 31 for a chance to be among the twelve finalists selected to pitch. Visit consensus.coindesk.com/pitchfest for more information.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A positive theme emerged after the FTX blowup: the survival of decentralized finance, or DeFi.On this episode of “Money Reimagined,” Michael Casey and Sheila Warren are finally together again and are joined by Colin Butler, Polygon’s global head of institutional capital, to discuss “bringing the world to Ethereum.”If you're unfamiliar with Polygon, it's a blockchain designed to interact directly with Ethereum to help improve some of its inefficiencies and scaling issues. Powered by Ethereum's blockchain, Polygon provides a bridge between different Ethereum-based projects, enabling developers to build scalable, user-friendly dapps without compromising security.-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.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What is the underpinning structure of money worldwide? Do we still need public money as we move into a more digital world?On this episode of “Money Reimagined,” Michael Casey, solo in Davos, Switzerland, on the sidelines of the World Economic Forum, speaks with Neha Narula, the director of the MIT Digital Currency Initiative to discuss the trends of both digitalization and innovation pertaining to stablecoins, digital currencies and the future of public money, Their conversation takes a deeper dive into the interesting way in which crypto is perceived among the establishment at the WEF. Despite there being fewer direct panels on the topic during the WEF Congress, Narula observes that every other panel on finance couldn’t avoid talking about crypto. It shows, she says, that despite the fallout from all the speculation in “token casinos,” the technology is “not going away.”Neha also shares about Project Hamilton, the experimental digital cash project that MIT is driving in partnership with the Federal Reserve Bank of Boston. It’s a digital dollar prototype idea that explores the parameters of what it means to produce “public money” with the rights that need to go along with that. She explains that in some respects it’s an effort to recreate cash, noting that “you don’t have to sign a terms of service or download an app” to use cash, and where the privacy of the user is preserved.  Narula talks about how important it is that MIT convinced the Fed to adopt open-source code for the project because “this is your money and you have to be able to see what the code is doing.”See Also:TED talk on the Future of Moneyhttps://dci.mit.edu/neha-narula http://nehanarula.org -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.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A digital currency pre-existing bitcoin? How can new technologies such as AI help design and build green economies in all social systems?Is Identity dangerous or essential to every financial transaction?On this episode of “Money Reimagined,” Michael Casey, solo in Davos, Switzerland, at the World Economic Forum, speaks with the founder and chief strategy director at Hub Culture, Stan Stalnaker, about these topics and Hub Culture’s new emergent intelligence project Zeke.ai (using pronouns they, them, theirs), which has capabilities for deep conversations, simple problem solving and asynchronous development.-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.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

It is true that times have changed, but the industry hasn't done itself any favors recently when it comes to its reputation. Concerning the fabric of financial services, things are never that straightforward. The last year has demonstrated that there has indeed been fraud, manipulation and illegal activity involving crypto, although not directly related to crypto. So what is next in the complicated web of financial integrity and national security?On this episode of “Money Reimagined,” while Michael Casey is in Davos, Switzerland, host Sheila Warren speaks with two of the foremost experts on this topic, Dr. Marcus Pleyer, the former president of the Financial Action Task Force and now the deputy director general of Germany’s Federal Ministry of Finance; and Yaya Fanusie, director of policy for AML and cyber risk at the Crypto Council for Innovation and an Adjunct Senior Fellow at the Center for a New American Security (CNAS).-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.”See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Aren't we supposed to stop the “Sam Bankman-Frieds” of the world from doing exactly what Sam Bankman-Fried did with this technology? Has the crypto community elevated the concept of “decentralization” to the point that we have lost sight of why we are here?On this episode of “Money Reimagined,” which was recorded in December  Michael Casey and Sheila Warren have a chat session, together diving into all the happenings of the crypto environment in the past year of 2022. They discuss the rise and fall of bitcoin, the distance and disparities between how the crypto universe sees things and how others see things, Ukraine, DeFi, leverage, scaling, what the past year reveals for the new year to come and much more. -This episode was produced and edited by Michele Musso, and our executive producer, Jared Schwartz. Theme song used is by "Shepard."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 onChainWeb 3, the metaverse and non-fungible tokens (NFT) have the potential to be a force for good in the world, to improve decentralization, raise underrepresented voices and empower creators. But with a digital land grab for virtual real estate growing fast, will people soon find themselves locked out of the metaverse?On this “Best of” episode of “Money Reimagined” recorded in January 2022, hosts Michael Casey and Sheila Warren talk with Kevin Roose, New York Times tech columnist and author of “Futureproof,” a cautiously optimistic look into an automated, AI-filled and algorithmically driven future. Roose has also delved into the world of crypto: In March 2021, he wrote a column explaining non-fungible tokens (NFT), and then sold that column as an NFT for 350 ETH ($1.14 million at current prices.).“I don't think we should feel like this is going to be entirely a good thing,” says Kevin Roose. “… [I]f Web 3 is becoming more like the offline world, in the sense of being exclusive and gate-kept in the ways that our physical world has been for so long.”The future is rapidly approaching and the crypto industry is determined to establish its place in it. Web 3 is shaping up in opposition to the current Web 2, moving away from the centralized, data-driven approach of today's internet. Alongside Web 3 is the metaverse, where individuals can fragment themselves into two parts: their physical self, and their digital persona.-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.