CoinDesk Reports

This episode is sponsored by Nexo.io and Quantstamp.

During CoinDesk’s Tax Week, “Money Reimagined” hosts Sheila Warren and Michael Casey dive into the fears and debates around crypto during tax season. Last year’s infrastructure bill called out crypto taxing directly, and in the time since, regulators have attempted to retrofit old rules and concepts to the completely new world of digital assets. 

Crypto technology has outpaced laws as regulators scramble to find ways to integrate crypto into reporting requirements. David Kemmerer, CoinLedger co-founder and CEO, joins to provide perspective on the challenges associated with crypto taxation, while author Dan Jeffries tackles the clash between reporting requirements and the privacy principles inherent to the crypto industry.

A difference in taxation strategy could establish crypto-friendly geographic regions, attracting capital, talent and innovation to those states or countries. As decentralized organizations continue to evolve, will digital communities eventually create their own tax and regulatory structures for those who pass through their virtual spaces?

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Nexo is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 18% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at nexo.io.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. 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.

This episode is sponsored by Nexo.io and Quantstamp.

As discussions around NFTs have increased in frequency, they are also increasingly divisive. Some see NFTs as the ultimate solution to all that is wrong with Web 2.0, while others see a space rife with plagiarism, fraud and false ownership.

This week on “Money Reimagined,” hosts Sheila Warren and Michael Casey are joined by two individuals well versed in NFTs: the NFT analyst and cohost of “Edge of NFTs” podcast Eathan Janney; and the NFT evangelist, musician and entrepreneur Scott Page.

Janney and Page dive into the many complexities of NFTs, ranging from property rights to social impacts. As NFTs’ popularity has grown, so has their utility, with artists of many different mediums finding ways to tokenize their work. At the same time, scams and copyright infringement has been on the rise while regulation lags behind.

As NFTs continue to evolve, will they continue to empower creators, or will they instead become instruments of corporate greed?

Would you like to attend NFT/LA  this March 28 - 31, 2022? Go to nftla.live and receive 10% off when you use the promo code MoneyReimagined10LA.

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Nexo is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 18% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at nexo.io.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. 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.

Will AI be coming to DeFi anytime soon?

Joining Anna Baydakova and Ben Schiller on “Opinionated,”  is Jesus Rodriguez, CEO of analytics platform IntoTheBlock. Rodriguez explores a future where artificial intelligence merges with decentralized finance (DeFi) to create an even smarter, more automated and possibly better regulated DeFi.

Machine learning and AI are rapidly becoming innovative solutions to software problems across a variety of applications, and Rodriguez sees AI in DeFi as the next logical step. Integrating AI solutions and analysis into DeFi protocols could have vast impacts to user protection, contract efficiency and market dynamics.

AI integration could be used to predict major market moves, prevent undesirable usage of contracts and even potentially in financial regulation of DeFi platforms. While the possibilities sound endless, are they practical?

This episode was produced, announced and edited by Michele Musso with additional production support by Eleanor Pahl.  Our theme song is by Elision.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Non-fungible tokens (NFT). Decentralized Finance (DeFi). Decentralized applications (dapp). Stablecoins. What do all of these terms mean, and why might clients be interested in them?

While the ETHDenver conference takes place, host Tyrone Ross takes this episode of “On Purpose” as an opportunity to help bring advisers up to speed on all things Ethereum.

If they do not already, clients will soon have some form of Ethereum assets in their portfolio. What wallet will they be using? Why does it matter? What is yield farming and staking? What is the difference between tokens and coins?

Though advisers do not need to understand every line of code, an adviser must be conversant with the terminology of the space in order to best serve clients. Listen for a brief rundown on Ethereum.

This show is produced, announced and edited by Michele Musso with additional production support from Eleanor Pahl. Our Theme song is “Walk With Swag.”

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 Nexo.io and Quantstamp.

“I think that the philosophy of cryptocurrency, the decentralization concept, wasn't meant to be a speculation opportunity.”

Joining “Money Reimagined” hosts Michael Casey and Sheila Warren is crypto OG Francesco Rulli. Rulli’s career history ranges from founding a fashion company with actor John Malkovich, to building a film distribution network, to creating a bitcoin-based payments program for young female students in Afghanistan, to helping guide the cathedral in Florence, Italy, through a digital transformation.

A core thread running through Rulli’s varied career is the belief in one’s purpose and responsibility to contribute to their community and to the world as a whole. Rulli believes the core value of proposition for blockchain technology is less in its current status as a generator of speculative assets and more as a tool to do social good.

The project Rulli founded with acclaimed Afghan entrepreneur Roya Mahboob, the Women’s Annex Foundation, which aimed to foster digital literacy and financial opportunities for Afghan women through bitcoin, successfully proved that the decentralization and anonymity features bitcoin could be used to better serve underrepresented populations. More recently, he has started working with museums and educational institutions to integrate donors’ patronage with NFTs so these institutions can continue to be funded as the technology advances.

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Nexo is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 18% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at nexo.io.

-

Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. 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.

“The market will go up and down, but I am going to be here.”

Jeff Garzik has been a prominent figure in the crypto industry for a long time, starting with his involvement as an early Bitcoin Core developer to his work with Vesper today, aiming to create a safe and secure gateway experience for new users to decentralized finance (DeFi). He has also expanded his efforts towards a TV show in the works, building houses and founding a trucking startup.

On this episode of “On Purpose,” Garzik joins host Tyrone Ross for a wide-reaching conversation on the current state and future of the crypto industry from DeFi to non-fungible tokens (NFT) to Web 3. Garzik previously joined the show in November, where he discussed his career changes and Bitcoin’s evolution over the years.

How will advisers and clients interact with their money in the future? Will NFTs continue to grow as an investment class? How will DeFi change the financial landscape? Through the transformations and ups and downs of the crypto industry, Garzik is certain he'll stay to see it all and work to keep innovating new solutions.

This show is produced, announced and edited by Michele Musso with additional production support from Eleanor Pahl. Our Theme song is “Walk With Swag.”

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 Nexo.io and Quantstamp.

Joining “Money Reimagined” hosts Michael Casey and Sheila Warren is Gavin Wood, co-founder of Ethereum and founder of Parity Technologies, which produces Polkadot. More recently, Wood founded the Web3 Foundation, an organization aiming to fund development teams building the decentralized internet.

First, Wood walks through the founding ideals of Polkadot, including its focus on decentralization, interoperability and efficiency. He next explains the technologies Polkadot introduced to meet the ideals and help accelerate experimentations into the future Web 3.

Wood views the transition from Web 2 to Web 3 not as an optional step, but a necessary one, adding, “We cannot afford to base our infrastructure on fundamentally flawed centralized technologies.” The current internet’s flaws in centralization and privacy concerns will be challenging to overcome in the next iteration of internet technologies, but Wood is optimistic that with the right incentives, these new solutions will be created that align with the needs of users.

How long until this vision of a better web is actualized?

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Nexo is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 18% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at nexo.io.

-

Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

-

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. 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.

The cypherpunks dreamed of a world where a person’s information would be revealed only if that individual so desired. A legendary group of cryptographers who came together in the 1990s, they fought back against government attempts to create backdoors to encryption and enforce key escrow.

The cypherpunks laid the groundwork for the crypto revolution we see today. But, arguably, says the futurist Dan Jeffries, theirs is a dream deferred. Today, we’re more watched and surveilled than ever and the dominant internet business models are based on a quid pro quo of “your data, their free-services.”

Where do we go from here?

In an interview for CoinDesk’s “Opinionated” podcast, Jeffries argues that we need to get away from political messaging around privacy. That doesn’t work: Not enough people care about privacy to pay for it and ensure it. Most of us don’t care until intrusions of privacy become material to our well-being. 

Instead, we have to make privacy a part of the design of products, whether that’s money transactions or informational ones. “Make privacy the plumbing, not the marketing tagline,” Jeffries says.

Relatedly, the “Opinionated” team – Ben Schiller, Anna Baydakova and Danny Nelson – also discuss the failure of the Libra/Diem Facebook/Meta stablecoin project and look at what it means for the future of digital currency. 

Does its demise indicate that governments hold the cards when it comes to issuing currencies, or that open-source projects like Bitcoin or Ethereum are more likely to succeed than closed systems like Facebook’s?

Tune in to listen to the discussion. 

Articles mentioned in this episode:

The Trojan Horse of Privacy by Dan Jeffries

Reflecting on Facebook’s Hilarious, Well Deserved Crypto Failure by David Z. Morris

This episode was produced, announced and edited by Michele Musso. Our theme song is by Elision.

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 Quantstamp and Nexo.io.

Just in time for CoinDesk’s Privacy Week, this episode takes a deep dive into the ideals, tools and future of privacy and crypto, addressing all facets of privacy in Web 3.

Joining “Money Reimagined” hosts Michael Casey and Sheila Warren are two guests familiar with not just the privacy pitfalls of today’s internet, but the possible solutions available to protect users. Often recognized as the father of digital currency, David Chaum has had an accomplished career in privacy-focused digital tools, first as the founder of DigiCash and now with his new secure messaging platform xx messenger. Alongside Chaum is Tor Bair, the founder of Secret Foundation, one of the core organizations supporting the private-by-default blockchain Secret Network.

Though most people understand that online privacy is a problem, the majority seem willing to trade privacy for convenience and connectivity. As a result, the privacy concerns in Web 2 have become staggeringly large, as displayed in the countless data access hacks, scandals like Cambridge Analytica and Edward Snowden’s National Security Agency revelations, among others. 

Within the crypto industry, the concept of transparency is highly valued, but where is the balancing point between that transparency and privacy? Creating a secure network is important, but security is often directly tied with identity. Cryptographers have devised ways to separate the two, but will these methodologies become pervasive in Web 3?

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

-

Nexo is a powerful, all-in-one crypto platform where you can securely store your crypto. Invest, borrow, exchange and earn up to 17% APR on Bitcoin and 20+ other top coins. Insured for $375M. Audited in real-time by Armanino. Rated excellent on Trustpilot. Get started today at nexo.io.

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. 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.

Crypto has deep roots in the privacy space. But today’s bitcoiners aren’t quite as skittish about sharing their ID as the maximalists of yesteryear were. This week on “Opinionated,” Lili Rhodes of Foundation Devices argues why they should. Keeping one’s identity hidden – away from the government, from companies, from counterparties – is a table-stakes demand in the privacy game. 

Does it have to be? Anna Baydakova, Danny Nelson and Ben Schiller  spar over the nature of modern-day privacy, where and why it's necessary, and whether bitcoin has been “corrupted” by those who link trades with names. For those who think it has, buying beyond the banks and exchanges is a must. Check out CoinDesk’s “Privacy Week” package for an inside look. 

You scanned your ID at the bitcoin checkout, anon? Anna wrote a guide to help you do better next time ;)

This episode was produced, announced and edited by Michele Musso. Our theme song is by Elision.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.