Aaron van Wirdum is the technical editor at Bitcoin Magazine. Finn Brunton is the author of “Digital Cash: The Unknown History of the Anarchists, Utopians, and Technologists Who Created Cryptocurrency.” In this episode, they tackle the history of digital currency. Topics include:

• the motivations behind the earliest attempts to create digital currencies, and who was behind those attempts
• the Extropian philosophy and how digital currency was born out of it
• how the cypherpunks came together and eventually began implementing tools that would lead to the creation of digital currencies
• the problems faced during the development of digital money, from double-spending to privacy, centralization, and spam
• the development of a public key protocol and why it was so significant
• the characteristics of earlier forms of digital currency like e-cash, hashcash, b-money, and bit gold, as well as their differences
• the original purpose of proof-of-work and how it was developed
• Hal Finney’s essential contributions to the creation of earlier digital currencies, and later, Bitcoin
• previous implementations of blockchain and how Bitcoin came to reinvent and utilize it
• which previous digital currencies come closest to Bitcoin
• and who they think Satoshi Nakamoto is … 

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Episode links: 

Aaron Van Wirdum: https://twitter.com/AaronvanW

Finn Brunton: http://finnb.net

Digital Cash: The Unknown History of the Anarchists, Utopians, and Technologists Who Created Cryptocurrency: https://press.princeton.edu/books/hardcover/9780691179490/digital-cash

Aaron's Bitcoin magazine series on the early days of digital currency: https://bitcoinmagazine.com/articles/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream

https://bitcoinmagazine.com/articles/genesis-files-hashcash-or-how-adam-back-designed-bitcoins-motor-block

https://bitcoinmagazine.com/articles/genesis-files-if-bitcoin-had-first-draft-wei-dais-b-money-was-it

https://bitcoinmagazine.com/articles/genesis-files-bit-gold-szabo-was-inches-away-inventing-bitcoin

Aaron on What Bitcoin Did discussing the stories: https://www.whatbitcoindid.com/podcast/the-beginners-guide-to-bitcoin-part-3-bitcoins-pre-history-and-the-cypherpunks-with-aaron-van-wirdum 

Breaker Mag Interview with Finn Brunton about his book: https://breakermag.com/new-book-reveals-cryptos-radical-origins/

Learn more about your ad choices. Visit megaphone.fm/adchoices

Dave Jevans, CEO of CipherTrace, and Siân Jones, Senior Partner at XReg Consulting, give the lowdown on the Financial Action Task Force’s travel rule and how it applies to businesses in the crypto space. They discuss:

A glossary of terms discussed in the episode: 

FATF: Financial Action Task Force, an intergovernmental organization that develops policies to combat money laundering and terrorist financing

VASP: virtual asset service providers, who are custodial entities that run fiat-to-crypto or crypto-to-crypto exchanges, or run businesses related to transfer and safekeeping of virtual assets and financial services.

FinCEN: Financial Crimes Enforcement Network, the United States federal bureau that analyzes information about financial transactions in order to fight money laundering, terrorist financing, and other financial crimes

FCA: Financial Conduct Authority, the financial regulatory body of the UK

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com 

Tezos: https://tquorum.com/

Episode links: 

Dave Jevans: https://twitter.com/davejevans

CipherTrace: https://ciphertrace.com/

Sian Jones: https://twitter.com/COINSULT

XReg Consulting: https://www.xreg.consulting/

Financial Action Task Force (FATF): https://www.fatf-gafi.org/

The Osaka conference where crypto got serious about FATF’s travel rule: https://www.coindesk.com/inside-the-osaka-conference-where-crypto-got-serious-about-fatfs-travel-rule

Will Osaka be crypto’s Bretton Woods moment? https://forkast.news/will-osaka-be-cryptos-bretton-woods-moment/

InterVASP Messaging Standard: https://intervasp.org

OpenVASP: https://openvasp.org

OpenVASP white paper: https://openvasp.org/wp-content/uploads/2019/11/OpenVasp_Whitepaper.pdf?cache=1

FATF report on “so-called stablecoins”: http://www.fatf-gafi.org/media/fatf/documents/recommendations/Virtual-Assets-FATF-Report-G20-So-Called-Stablecoins.pdf

OKEx’s Korea arm delisted privacy coins: https://www.theblockcrypto.com/post/39724/okex-korea-delisting-all-privacy-coins-including-monero-zcash-and-dash-as-these-violate-fatfs-travel-rule

Some of the potential FATF compliance solutions: 

Travel Rule Information Sharing Alliance (TRISA): https://trisa.io/

Coinbase’s messaging board solution: https://www.theblockcrypto.com/daily/72293/coinbase-exchanges-fatf-travel-rule-solution

CoolBitX: https://www.theblockcrypto.com/post/56853/coolbitx-raises-16-75m-series-b-to-help-crypto-exchanges-comply-with-fatfs-travel-rule

Learn more about your ad choices. Visit megaphone.fm/adchoices

Vitalik Buterin, co-founder of Ethereum, shares his thoughts on the five-year anniversary of Ethereum, challenges with ETH 2.0 and criticisms about DeFi. We discuss:

• his thoughts and feelings ahead of Ethereum’s five-year anniversary
• how to address the high gas fees on the Ethereum network
• whether the complexity of Ethereum 2.0 creates a risk for the security of the network
• whether staking will lead to a higher focus on ETH price and issues such as monetary policy 
• how he looks at the ETH price with its significance for security in Ethereum 2.0
• how proof of stake systems can be more democratic
• whether staking lends itself to the kind of securitization that looks similar to mortgage-backed securities
• his concerns about DeFi
• the most optimal way for DeFi projects to distribute their tokens
• his thoughts about Bitcoin on Ethereum
• inherent risks to Ethereum users connected to China’s Blockchain Service Network (BSN)
• his views on DCEP, other CBDCs and Libra
• the indictment of Ethereum Foundation staff member Virgil Griffith for allegedly helping North Korea to circumvent sanctions
• how he plans to make the Ethereum Foundation more transparent
• whether lack of diversity would impact the success of Ethereum in the long term
• where he would like to see Ethereum in the next five years

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com 

Tezos: https://tquorum.com/

Episode links: 

Vitalik Buterin: https://twitter.com/VitalikButerin

Ethereum: https://ethereum.org/en/

Vitalik’s blog: https://vitalik.ca

Median gas price: https://blockchair.com/ethereum/charts/median-gas-price

Average gas price: https://blockchair.com/ethereum/charts/average-gas-price

Solutions to gas price problem: https://www.coindesk.com/ethereum-developers-consider-new-fee-model-as-gas-costs-climb

Reddit AMA with the Ethereum 2.0 Research team, including Vitalik: https://old.reddit.com/r/ethereum/comments/ho2zpt/ama_we_are_the_efs_eth_20_research_team_pt_4_10/

Paper on how DeFi lending could undermine security in a POS system: https://arxiv.org/abs/2001.00919

Vitalik tweet on yield farming: https://twitter.com/VitalikButerin/status/1278337657194655744

Abra settlement with SEC and CFTC: https://www.coindesk.com/sec-cftc-hit-crypto-app-abra-with-300k-in-penalties-over-illegal-swaps

Maya Zehavi’s comments on what this could mean for DeFi: https://twitter.com/mayazi/status/1282696180741414918

China’s BSN using public chains, including Ethereum: https://www.coindesk.com/chinas-blockchain-infrastructure-to-extend-global-reach-with-six-public-chains

Unchained interview about DCEP: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/

Charges against Virgil Griffith: https://www.justice.gov/usao-sdny/pr/manhattan-us-attorney-announces-arrest-united-states-citizen-assisting-north-korea

More on Virgil Griffith case: https://www.coindesk.com/usa-v-virgil-griffith-what-we-know-and-dont-in-the-bombshell-crypto-sanctions-case

Unchained interview with human rights activist Yeonmi Park on what life is like in North Korea: https://unchainedpodcast.com/yeonmi-park-on-why-doing-business-with-north-korea-is-like-buying-a-ticket-to-a-concentration-camp/

Unchained interview on why North Korea is interested in cryptocurrency: https://unchainedpodcast.com/why-north-korea-is-interested-in-cryptocurrency/

Case against Steven Nerayoff: https://www.justice.gov/usao-edny/pr/two-arrested-extortion-startup-cryptocurrency-company

Learn more about your ad choices. Visit megaphone.fm/adchoices

Camila Russo, founder of The Defiant and author of a new book on Ethereum, "The Infinite Machine," speaks about how currency controls in Argentina got her interested in crypto and explains why she chose to tell the Ethereum story. She discusses:

• how she started covering the crypto space
• what it was like living through currency controls in Argentina
• why she started focusing on Ethereum instead of Bitcoin
• what’s in her new book, The Infinite Machine
• the most pivotal moments in Ethereum’s history
• possible risks to Ethereum 2.0 because of delays
• whether competing protocols could take market share away from Ethereum
• the most surprising aspect of the Ethereum story
• starting her own DeFi-focused media platform, The Defiant
• why she launched ‘CAMI’ tokens and how they are used
• the significance of ERC-20 tokens having a higher market cap than ETH
• her predictions about trends and promising projects in the DeFi space

Thank you to our sponsors! 

Crypto.com: https://www.crypto.com 

Tezos: https://tquorum.com/

Episode links: 

Camila Russo: https://twitter.com/CamiRusso

The Infinite Machine: https://www.harpercollins.com/products/the-infinite-machine-camila-russo

The Defiant: https://thedefiant.substack.com/

Excerpt from The Infinite Machine on CoinDesk: https://www.coindesk.com/sale-of-the-century-the-inside-story-of-ethereums-2014-premine

Decrypt review: https://decrypt.co/35466/the-incredible-story-of-ethereum-the-infinite-machine

Camila on what Ethereum has accomplished in five years: https://www.coindesk.com/five-years-on-ethereum-really-is-the-minecraft-of-crypto-finance

Hidden Forces podcast with Camila:  https://podcasts.apple.com/us/podcast/rise-ethereum-future-defi-transformation-crypto-media/id1205359334?i=1000484635053

Camila in the Keen On podcast: https://lithub.com/camila-russo-on-ethereum-and-the-future-of-the-internet/

Ethereum 2.0 phase 0 may not go live until 2021: https://www.theblockcrypto.com/linked/71155/eth-2-phase-0-ama-2021

Learn more about your ad choices. Visit megaphone.fm/adchoices

Niall Ferguson, Milbank Family Senior Fellow at the Hoover Institution at Stanford University, and the author of numerous books including The Ascent of Money: A Financial History of the World and most recently, the Square and the Tower: Networks and Power from the Freemasons to Facebook, and Michael Casey, chief content officer at CoinDesk and coauthor of two books on crypto, The Age of Cryptocurrency and The Truth Machine, discuss the history of money and the macro environment for Bitcoin. We cover:

• how they became involved in crypto
• historically, what has made things money, or how people have decided that something is money
• the difficulty of managing fiat currency
• modern monetary theory and the role of the state in the financial system
• Satoshi’s message in BTC’s genesis block and what that indicates about Satoshi's intentions with Bitcoin 
• whether a more transparent, blockchain-based financial system could eventually lead to a new financial order
• how Bitcoin behaves like an option on digital gold, and when it will behave like digital gold
• whether Bitcoin is simply a reversion to previous forms of money that weren’t controlled by the state
• how crypto/blockchain and fintech innovation from startups and the Chinese government will affect the USD
• how a hypothetical war between the US and China would affect the dollar's dominance
• how China's DCEP could disintermediate banks 
• how Bitcoin fits into all of the different macro conditions facing the global economy
• whether Libra is going to be the initial gateway getting people into our digital currency world
• how well the recovery from coronavirus will go, and how it will affect the development of the crypto space in the near-term

Thank you to our sponsors!

Crypto.com: https://crypto.com

Tezos: https://tquorum.com/

Episode links: 

Niall Ferguson: http://www.niallferguson.com

The Ascent of Money: https://www.penguinrandomhouse.com/books/302900/the-ascent-of-money-by-niall-ferguson/

Michael Casey: https://www.michaeljcasey.com

Money Reimagined: https://www.coindesk.com/tag/money-reimagined

The Age of Cryptocurrency: https://us.macmillan.com/books/9781250081551

The first episode in the Why Bitcoin Now series: Mike Novogratz and Raoul Pal on 'the Single Greatest Brand' ofo the Last 10 Years:  https://unchainedpodcast.com/why-bitcoin-now-mike-novogratz-and-raoul-pal-on-the-single-greatest-brand-of-the-last-10-years/

How Niall got into Bitcoin:

http://www.niallferguson.com/journalism/finance-economics/bitcoin-may-go-pop-but-its-revolution-will-go-on

Niall and Michael at Consensus: https://www.coindesk.com/disruption-money-and-a-world-of-change-feat-niall-ferguson

Unchained interview with Chamath Palihapitiya, who believes Bitcoin is a hedge on everything blowing up: https://unchainedpodcast.com/chamath-palihapitiya-why-bitcoin-will-be-the-category-winner/

Carlota Perez at CoinDesk's Consensus: https://www.coindesk.com/video/carlota-perez-on-blockchains-and-technological-revolutions

Unchained interview about the DCEP: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/

Unchained interview with Christopher Giancarlo about a digital dollar: https://unchainedpodcast.com/christopher-giancarlo-why-the-us-needs-to-have-a-digital-dollar/

Unconfirmed episode with Michael about Libra: https://unchainedpodcast.com/why-it-would-be-good-if-libra-rivaled-the-us-dollar/

Unchained episode with a co-creator of Libra: https://unchainedpodcast.com/a-libra-co-creator-on-how-facebook-will-make-money-from-calibra/

Learn more about your ad choices. Visit megaphone.fm/adchoices

Dan Elitzer, investor at IDEO CoLab Ventures, and Will Price, data scientist at Flipside Crypto, discuss the yield farming craze. In this episode, we cover:

• the goals of protocols offering liquidity mining
• the goals of users yield farming right now
• whether users of Compound will have much awareness of COMP in the future
• how Compound is trying to dampen inorganic activity and properly align incentives 
• how incentives in one DeFi protocol can screw up another's such as changes in Compound's liquidity mining program causing Dai to lose its peg
• whether the activity created by liquidity mining is sustainable and how
• whether Compound is overvalued and how to determine valuations for DeFi tokens
• the security risks that come with trying yield farming
• how teams can keep their protocols safe given the composability of DeFi and the growing number of developments in the space
• whether the yield farming craze will cause the price of ETH to rise and why the prevalence of stablecoins might prevent that
• whether new DeFi tokens could push flagging layer 1s out of the top 10
• what will happen if even more Bitcoin comes to DeFi
• how the next big thing in DeFi might be trying to stack yield across protocols and eventually prime brokerage protocols

Thank you to our sponsor!

Crypto.com: https://www.crypto.com

Episode links: 

Dan Elitzer: https://twitter.com/delitzer

IDEO CoLab Ventures: https://www.ideocolab.com/ventures/

Will Price: https://twitter.com/will__price

Flipside Crypto: https://flipsidecrypto.com

Total value locked in Compound: https://defipulse.com/compound

What liquidity bootstrapping pools are: https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4 

Dan on earning more from borrowing USDT than lending it on Compound: https://twitter.com/delitzer/status/1272642107128164354 

Tony Sheng on how yield farming works and how much you can earn from it: https://twitter.com/tonysheng/status/1274393189231689728

And his followup on the risks of yield farming: https://twitter.com/tonysheng/status/1274780457729617920

The purpose of COMP for governance: https://medium.com/compound-finance/compound-community-ownership-ee0ed1252cc3 

https://medium.com/compound-finance/expanding-compound-governance-ce13fcd4fe36

Risks of so much BAT being held in Compound: https://twitter.com/spencernoon/status/1276897377446776832?s=20

https://twitter.com/defiprime/status/1277026665952980992?s=20

https://twitter.com/devops199fan/status/1274732220192829441?s=20

Cyrus of MakerDAO concerned about the risks COMP poses to the Dai peg: https://forum.makerdao.com/t/upcoming-comp-farming-change-could-impact-the-dai-peg/2965

Dan Guido and Taylor Monahan on Unchained discussing DeFi security: https://unchainedpodcast.com/defi-security-with-so-many-hacks-will-it-ever-be-safe/

Twitter discussion on whether ETH price will rise due to yield farming: https://twitter.com/RyanSAdams/status/1274781676875452421

What will happen to other Layer 1s? https://twitter.com/Shaughnessy119/status/1274376237239189504?s=20 

Aquaponic yield farming: https://bankless.substack.com/p/aquaponic-yield-farming

Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode is the first in a series, Why Bitcoin Now, that takes a deeper dive into Bitcoin and the history of money in the macroeconomic environment of the coronavirus. Mike Novogratz, founder, CEO and chairman of Galaxy Digital, and Raoul Pal, founder and CEO of Global Macro Investor and Real Vision Group, tell us where they think Bitcoin is going amidst this macro uncertainty and the global crisis due to the coronavirus. We discuss: 

• why Bitcoin’s price hasn't risen in price due to the global turmoil, and instead fell with the rest of the market on Black Thursday 
• why quantitative easing is the catalyst for institutional investors to turn to Bitcoin, but why that takes time, and why registered investment advisors may be on the cusp
• why they think retail investors will continue to buy Bitcoin despite record unemployment
• why Bitcoin will benefit from social unrest
• why any particular country's success in dealing with the coronavirus won’t really lessen the economic impact there
• whether China's first-mover advantage with the DCEP and its comprehensive enterprise blockchain initiatives will undermine the global dominance of the US dollar 
• why they believe there will ultimately be a dollar-based stablecoin 
• why they believe Libra will be a strong player in the future of stablecoins 
• how election outcomes, and in particular a potential movement to break up Big Tech, could affect Bitcoin and the vision for Web3
• whether Ethereum, and staking, will see more adoption from institutional investors 
• why they believe yield farming is ultimately not sustainable, but still profitable
• the impact the Bitcoin halving will have in this macroeconomic environment

Unchained is hiring! 

Check out our job listing for a remote editorial assistant here!

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Kelman Law: https://crypto.law 

Stellar: https://www.stellar.org 

Episode links: 

Mike Novogratz: https://twitter.com/novogratz

Galaxy Digital: https://www.galaxydigital.io

Raoul Pal: https://twitter.com/RaoulGMI

Real Vision: https://www.realvision.com

Unchained interview with Kyle Samani on what happened in the crypto markets on Black Thursday: https://unchainedpodcast.com/teetering-on-the-edge-how-black-thursday-exposed-the-flaws-in-the-crypto-markets/

Unconfirmed interview with Antoine Le Calvez on what happened on BitMEX during Black thursday: https://unchainedpodcast.com/what-happened-on-bitmex-during-black-thursday/

Unchained interview with Chamath Palihapitiya on Bitcoin: https://unchainedpodcast.com/chamath-palihapitiya-why-bitcoin-will-be-the-category-winner/

Brian Armstrong tweet about deposits to Coinbase the same size as the $1,200 stimulus check: https://twitter.com/brian_armstrong/status/1250907110730170370?s=20

China's DCEP and blockchain initiative: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/

Unchained interview on Libra: https://unchainedpodcast.com/a-libra-co-creator-on-how-facebook-will-make-money-from-calibra/

Unconfirmed interview with the Libra Association's Dante Disparte: https://unchainedpodcast.com/libras-dante-disparte-on-why-we-should-trust-a-financial-system-designed-by-facebook/

Unconfirmed interview with Michael Casey on why it would it would be good if Libra rivaled the USD: https://unchainedpodcast.com/why-it-would-be-good-if-libra-rivaled-the-us-dollar/

Christopher Giancarlo's digital dollar project: https://unchainedpodcast.com/christopher-giancarlo-why-the-us-needs-to-have-a-digital-dollar/

Ethereum 2.0 staking: https://www.coindesk.com/3-ways-staking-will-upend-the-economics-of-ethereum

Unconfirmed with Kain Warwick on COMP's launch: https://unchainedpodcast.com/why-comp-5xed-on-day-1-and-what-this-means-for-a-defi-bull-market/

Unconfirmed interview with Tony Sheng on yield farming: https://unchainedpodcast.com/how-you-can-double-your-money-or-lose-everything/

Learn more about your ad choices. Visit megaphone.fm/adchoices

Chamath Palihapitiya, the CEO of Social Capital and chairman of Virgin Galactic, talks about a wide range of issues, including Bitcoin, COVID, civil unrest, and broad economic trends and forecasts. We discuss:

• Whether his economic forecasts have shifted throughout COVID
• Why he believes a debt crisis will occur
• How he views the success of BTC as a hedge against the ruling class
• How the economic pendulum will swing back toward consumers
• Why he doesn't mind if big corporations and hedge funds get wiped out
• Whether he subscribes to the thesis that Bitcoin is uncorrelated 
• Why the pandemic has not spurred institutional adoption of crypto
• Why he sees no merit in Ethereum
• How the economy will become more decentralized in the future and whether blockchain will be a part of it 
• Why he prefers SPACs over ICOs
• Why he started capital as a service 
• Why he believes the government should bust up large corporations

Unchained is hiring!

I'm looking for a remote editorial assistant. If you love crypto and have journalism experience, get in touch! https://unchainedpodcast.com/seeking-remote-editorial-assistant/

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Stellar: https://www.stellar.org 

Kelman Law: https://www.kelman.law 

Episode links: 

Chamath Palihapitiya: https://twitter.com/chamath

Social Capital: https://www.socialcapital.com/

Turmoil at Social Capital: https://www.theinformation.com/articles/social-capital-founder-gives-his-account-of-turmoil-at-firm

https://observer.com/2018/09/chamath-palihapitiya-social-capital-turmoil/

https://medium.com/@chamath/the-reports-of-our-death-have-been-greatly-exaggerated-11bcc80ee4ab

2019 interview with Kara Swisher: https://www.vox.com/podcasts/2019/3/4/18247010/chamath-palihapitiya-social-capital-happiness-identity-crisis-kara-swisher-teddy-schleifer-podcast

Chamath on Recode Decode in 2020: https://podcastnotes.org/recode-decode/chamath-palihapitiya-kara-swisher-investing/

Fed buying up to $250 billion in individual corporate bonds: https://markets.businessinsider.com/news/stocks/federal-reserve-begins-individual-corporate-bond-purchases-secondary-market-relief-2020-6-1029309910

CNBC interview where he says Bitcoin is an uncorrelated hedge: https://www.youtube.com/watch?v=-2gDmcU8bDw 

https://www.cnbc.com/video/2017/12/12/social-capitals-palihapitiya-bitcoin-is-going-to-1-million-in-the-next-20-years.html

SPAC: https://www.wsj.com/articles/the-modern-ipo-is-useless-lets-reinvent-it-1506361770?mod=searchresults&page=2&pos=13

China’s blockchain efforts: https://www.coindesk.com/from-banking-giants-to-tech-darlings-china-reveals-over-500-enterprise-blockchain-projects

Capital as a service: 

https://caas.socialcapital.com 

https://medium.com/social-capital/from-experiment-to-product-capital-as-a-service-one-year-later-6d8b4b9c038b

2019 investor letter: https://www.socialcapital.com/annual-letters/2019

At Stanford GSB: https://www.youtube.com/watch?v=PMotykw0SIk

Learn more about your ad choices. Visit megaphone.fm/adchoices

At an event at the NYU Stern School of Business, Christopher Giancarlo, former CFTC Chairman and co-founder of the Digital Dollar Foundation, discusses his proposal for a US central bank digital currency (CBDC), and how that fits into the broader geopolitical environment. We cover:

• Why he has focused on pushing for a US digital dollar after leaving the CFTC
• How a US CBDC would be different from other stablecoins
• How the proposal is designed to build off of the traditional banking infrastructure
• What pilot programs would look like
• How a digital dollar would foster economic inclusion even though using the digital dollar requires owning a smartphone
• How it would handle privacy
• How the network would be secured
• Whether the US is falling behind China in terms of central bank digital currencies and blockchain exploration
• Whether Libra will be a proxy for the digital dollar
• How COVID-19 has affected the discourse around a digital dollar
• Whether the election will affect the future of the digital dollar

Unchained is hiring!

Check out our job listing for a remote editorial assistant here! https://unchainedpodcast.com/seeking-remote-editorial-assistant/

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Kelman Law: https://crypto.law  

Stellar: https://www.stellar.org

Episode links: 

Chris Giancarlo: https://twitter.com/giancarlo

Digital Dollar Project : https://www.digitaldollarproject.org

Previous Unchained interview with Chris: https://unchainedpodcast.com/christopher-giancarlo-on-the-craziness-of-becoming-crypto-dad/ 

Chris and Daniel Gorfine’s WSJ op-ed advocating for a digital dollar: https://www.wsj.com/articles/we-sent-a-man-to-the-moon-we-can-send-the-dollar-to-cyberspace-11571179923

Digital dollars in stimulus bills — March: https://www.coindesk.com/house-stimulus-bills-envision-digital-dollar-to-ease-coronavirus-recession 

April: https://www.coindesk.com/digital-dollar-reintroduced-by-us-lawmakers-in-latest-stimulus-bill

Pew Research on smartphone adoption: https://www.pewresearch.org/internet/fact-sheet/mobile/

FDIC survey on the unbanked and underbanked: https://www.fdic.gov/householdsurvey/2017/2017execsumm.pdf

Banks keeping some of customers’ stimulus money: https://www.nytimes.com/2020/04/16/business/stimulus-paychecks-garnish-banks.html

Why a digital dollar is politically more feasible at this moment than before: https://www.coindesk.com/the-overton-window-opens-for-a-digital-dollar

Ohio Senator Sherrod Brown also proposes digital dollar: https://www.coindesk.com/us-senate-floats-digital-dollar-bill-after-house-scrubs-term-from-coronavirus-relief-plan 

Philadelphia Fed paper: https://www.philadelphiafed.org/-/media/research-and-data/publications/working-papers/2020/wp20-19.pdf

Receptivity in Congress to the idea of a digital dollar: https://www.coindesk.com/how-a-flurry-of-digital-dollar-proposals-made-it-to-congress

Libra white paper: https://libra.org/en-US/white-paper/#cover-letter

Congressional hearing on using FedAccounts and for stimulus: https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=406612

Learn more about your ad choices. Visit megaphone.fm/adchoices

U.S. House Representative, Warren Davidson, contextualizes the state of crypto legislation in terms of widespread civil unrest, COVID-19, and global shifts in power. He explains where crypto plays a role in these paradigm shifts and talks about:

• Why he believes in crypto, and how he came into the space
• How his Token Taxonomy Act creates regulatory clarity for token issuers
• What four conditions tokens would have to meet to not be considered securities
• Other features of the Token Taxonomy Act, including a de minimus exemption for taxes and no taxation of crypto-to-crypto trades
• How the pandemic and coronavirus-related fiscal stimulus affects the prospects for the Token Taxonomy Act
• What he thinks about China's blockchain push and its DCEP digital yuan
• Whether and how that creates a credible threat to US dominance in global markets
• Whether Libra could be a counterweight
• How a shift toward digital currencies could undermine the global reserve status of the USD and whether that affects the US's ability to enforce sanctions
• How outcomes of the upcoming election will affect the potential passage of crypto-friendly regulation
• Why it is easier for crypto legislation to be more bi-partisan than other bills  
• What help he needs from the industry right now to push along crypto-friendly bills

Thank you to our sponsors! 

Crypto.com: https://crypto.com

Kelman Law: https://crypto.law  

Stellar: https://www.stellar.org

Episode links: 

Rep. Warren Davidson: https://twitter.com/WarrenDavidson

His House page: https://davidson.house.gov

Press release on the Token Taxonomy Act: https://davidson.house.gov/media-center/press-releases/token-taxonomy-act-address-blockchain-innovation-flight-america

Token Taxonomy Act on GovTrack: https://www.govtrack.us/congress/bills/116/hr2144

Text of the Token Taxonomy Act: https://www.govtrack.us/congress/bills/116/hr2144/text

Letter requesting IRS clarify some crypto tax policies: https://www.coindesk.com/us-lawmakers-ask-irs-to-clarify-crypto-tax-rules-around-airdrops-forks-in-new-letter

Congressman Patrick McHenry on Unchained discussing his “permanent beta testing” idea for crypto: https://unchainedpodcast.com/congressman-patrick-mchenry-bitcoin-will-be-of-enormous-value/

Unchained interview on the DCEP: https://unchainedpodcast.com/why-china-aims-to-replace-cash-with-the-digital-yuan/

Unchained interview with Libra co-creator Christian Catalini: https://unchainedpodcast.com/a-libra-co-creator-on-how-facebook-will-make-money-from-calibra/

Unchained with Christopher Giancarlo on his proposal for a digital dollar: https://unchainedpodcast.com/christopher-giancarlo-on-the-craziness-of-becoming-crypto-dad/

Secretary Steve Mnuchin on Libra and a digital dollar: https://www.bloomberg.com/news/articles/2019-12-05/mnuchin-powell-see-no-need-for-fed-to-issue-digital-currency

Video in which Rep. Davidson says “shitcoin”: https://www.coindesk.com/lawmakers-amp-up-pressure-on-facebook-to-halt-libra-cryptocurrency-development

Meltem Demirors and Jill Carlson on the Shitcoin Waterfall on Unchained: https://unchainedpodcast.com/meltem-demirors-and-jill-carlson-on-the-shitcoin-waterfall-ep-74/taxes

Learn more about your ad choices. Visit megaphone.fm/adchoices