2020: Preparing for the Year of Staking - Joe Lallouz (CEO, Bison Trails), Ep. 87
Play • 48 min

This week, I'm joined by Joe Lallouz (@JoeLallouz), the CEO of Bison Trails. We talk:

  • How staking companies can build moats
  • Are exchanges a threat to independent stakers?
  • Bison Trails' origins and differentiation
  • Threat of centralization in staking
  • Why Bison Trails joined Facebook's Libra

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Host: Jason Choi (@MrJasonChoi). If you enjoyed the show, consider tipping! This show is not financial advice.

  • BTC: 3EFSLnPpme6Lo6DynN1bVV9owooueFvEmJ
  • ETH: 0xdec40AA30B9C562aB4b839529BfC290C1B5Da61E




Intro music by Phortissimo.

Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions. The Spartan Group and its clients may hold positions in assets described in the episode. Detailed disclaimers available at jasonchoi.me and spartangroup.io/disclaimer. 

The Scoop
The Scoop
The Block
Meet the CEO trying to convince every multi-billion dollar insurance fund to buy bitcoin
Bitcoin investment firm NYDIG raised $50 million in October, quadrupled its clients and life insurance company MassMutual purchased a minority stake in the firm. This came about because bitcoin is transitioning to a predominantly institution-owned asset, according to NYDIG CEO Robert Gutmann.  MassMutual made a $5 million equity investment in NYDIG last December, as well as a $100 million bitcoin investment for its general investment account through NYDIG. On today's episode of The Scoop, Gutmann said this event could open the floodgates for insurance giants to get in on bitcoin. “You are going to see a lot of dominoes fall after this," he said. Based on the set of macro circumstances 2020 presented, insurance companies are starting to question whether they can go forward only buying corporate credit to make good on policies, according to Gutmann.  "Over some number of years, it's hard for me to imagine it is not all of them [investing in bitcoin]," he said. "If MassMutual can get there from a diligence perspective so can the next one...It's definitely coming." He also sees publicly-traded companies following in the footsteps of Square and MicroStrategy. Both firms allocated a portion of their balance sheets to bitcoin.  In Gutmann's view, these companies have a "fiduciary duty to consider whether holding 100% of your assets in dollars is in the best interest of your shareholders." "Reasonable people can have different opinions about that, but I personally don’t think only Jack and only Michael and no one else is going to do a cold analysis of that and not come to that conclusion," he said. On today's episode of the Scoop, Gutmann also touched on: Why he expects more insurance companies will enter the crypto space over time How the MassMutual deal came to be Why public companies are interested in bitcoin and how the adoption narrative for public companies is similar to that of insurance firms Why his institutional clients are only interested in bitcoin  NYDIG's M&A strategy. Listen to today's episode on Apple, Spotify, Google Play, Stitcher or wherever you listen to podcasts.
46 min
The Delphi Podcast
The Delphi Podcast
Tom Shaughnessy
Taking Crypto Mainstream: Do Kwon Covering Terra, Mirror and Anchor
Delphi Digital analyst Jonathan Erlich hosts Do Kwon, Co-Founder and CEO of Terraform Labs, to discuss all things Terra. The conversation dives into Terra’s vision and impressive 2020, as well as into Chai and some exciting recent developments such as Mirror and Anchor. The full interview transcript is available here! Every Delphi Podcast is dropped first as a video interview for Delphi Digital Subscribers. Our members also have access to full interview transcripts. Join today to get our interviews, first. - Show Notes: (1:30) – (First Question) - Do Kwon’s Background and what brought him to Crypto. (3:18) – How Do Kwon defines Terra? (6:41) – Terra´s Stablecoins Walkthrough. (9:01) – Peg Stability. (11:06) – Thoughts about Chai / Chai´s Success. (16:01) – UX from the Merchant Perspective. (18:53) – How Terra benefits from Chai? (23:01) – 3 Announcements around Chai. (31:13) – Smart Contracts for Terra. (37:50) – Mirror’s Competitive Advantages. (40:34) – Thoughts about Value accrual in Mirror. (43:47) – Mirror Regulation. (46:33) – Mirror’s Sustainability / The liquidity mining campaign ends, What’s Next? (50:45) – Anchor: A new Savings and Lending Protocol. (56:48) – Thoughts about Anchor’s development. (57:28) – What can we expect from Terra for 2021? Music Attribution: * Cosmos by From The Dust | https://soundcloud.com/ftdmusic * Music promoted by https://www.free-stock-music.com * Creative Commons Attribution 3.0 Unported License * https://creativecommons.org/licenses/by/3.0/deed.en_US Resources: * Do’s Twitter: https://twitter.com/d0h0k1 * Terra Site: https://terra.money/ * Mirror Site: https://mirror.finance/ * Anchor Site: https://anchorprotocol.com/ * Jonathan’s Twitter: https://twitter.com/JonathanErlichL * Delphi Podcast Twitter: https://twitter.com/PodcastDelphi More * Our Video interviews Can Be Viewed Here: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q * Access Delphi’s Research Here: https://www.delphidigital.io/ Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Lets Talk Bitcoin is a distribution partner for the Chain Reaction Podcast, and our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product or service. Delphi’s transparency page can be viewed here.
1 hr 1 min
The Crypto Conversation
The Crypto Conversation
Brave New Coin
Axie Infinity & the blockchain gaming play to earn revolution
Axie Infinity is a Pokémon-inspired blockchain-based digital pet universe where players can earn tokens through gaming. Players can battle, collect, breed, and build a kingdom for their pets. Like CryptoKitties, Axies are non-fungible tokens (NFTs) represented as cryptographically unique characters that can’t be replicated. And like Pokémon, they are born to battle. While Axie can be just a game, it has built a strong social network, passionate community, and emerging jobs platform due to the play to earn opportunities it is generating. Guest: Jeff Zirlin Why you should listen: Jeff grew up playing games like Neopets, Pokémon, and World of Warcraft. “I played so much WOW that my parents sent me to boarding school,” he says. “I’ve always been a collector. As I kid my dad and I would collect fossils and insects. And as a lifelong gamer, I’m a digital collector as well, so I was predisposed to be interested in blockchain gaming.” The blockchain gaming play to earn revolution started to gain traction after it emerged that a large community of players in the Philippines was earning money playing Axie Infinity. Jeff says "Most game companies sell in-game resources, items, and upgrades. With Axie there's an in-game resource that you need to create more Axies and it's called the love potion. So most game developers would sell this love potion, and people would pay for it. In Axie we don't sell it ourselves, the only way that love potions can be created is by people playing the game. Players who have big Axie collections need the love potion to breed Axies and have to buy the token from a liquidity pool on UniSwap or from Binance. So players can earn a basic income and we've seen that with the rise in value of ETH, this can appreciate significantly.” Key takeaway: The power of blockchain games is that they're becoming more than games. They're becoming places that we can live, work, and play. The eventual vision is to create a Metaverse similar to Ready Player One where people spend the majority of their time. “We believe in a future where work and play become one,” says Jeff. “And we believe in empowering our players and giving them economic opportunities.” To do this the Axie team is committed to aligning the incentives of the Axie community. Players can earn the AXS governance token. The token economics were designed by Delphi Digital. Delphi Digital has invested a significant amount of capital in buying several extremely rare Mystic Axies. If Axie Infinity continues to gain traction Mystic Axies will grow in value in the future. Jeff says “We’re seeing the rise of Mystic Axies and other NFTs as a true asset class. This trend accelerated when Delphi Digital picked up some of the rarest Axies in the game, like quadruple Mystics, triple Mystics. You can think of Mystics as rare and valuable skins. It makes sense that there's a lot of interest around NFTs and it makes sense because we live in a digital world.” Supporting links: Axie Infinity Delphi Digital on Axie Leverj Jeff on Twitter Andy on Twitter Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.
51 min
The Blockchain Debate Podcast
The Blockchain Debate Podcast
Richard Yan
Motion: Tether has always been acting in bad faith (Bennett Tomlin vs. Larry Cermak, co-host: Patrick McKenzie)
Guests: *Bennett Tomlin (@bennetttomlin)* *Larry Cermak (@lawmaster)* Host: *Richard Yan (@gentso09) Patrick McKenzie (@patio11, special co-host) * Today’s motion is “Tether has always been acting in bad faith.” This topic is very relevant for today’s markets because Tether is simultaneously an incredibly important, if not the most important, source of on-ramp liquidity for crypto, and a controversial, legally-challenged, blackbox operation that make market participants worry about their undesirable dealings and, worse, imminent collapse. We previously had a similar debate on this with Matthew Graham from Sino Global Capital vs Cas Piancey, the independent crypto commentator and Tether skeptic. So definitely check that out. Today’s debaters are Larry from the Crypto publication and Bennett Tomlin, another crypto commentator and Tether skeptic. The episode was also co-hosted by Patrick McKenzie, who also did extensive independent research on Tether. If you’re into crypto and like to hear two sides of the story, be sure to also check out our previous episodes. We’ve featured some of the best known thinkers in the crypto space. If you would like to debate or want to nominate someone, please DM me at @blockdebate on Twitter. Please note that nothing in our podcast should be construed as financial advice. Source of select items discussed in the debate (and supplemental material): * Paper claiming unbacked Tether drove BTC price: * https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3195066 * Papers dispelling the above notion: * https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3175876 * https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3508006 * Patrick McKenzie comprehensive history of Tether: https://www.kalzumeus.com/2019/10/28/tether-and-bitfinex/ * Bennett Tomlin blog: https://bennettftomlin.com/ * The Block publication: https://www.theblockcrypto.com/ * Amy Caster Tether timeline: https://amycastor.com/2019/01/17/the-curious-case-of-tether-a-complete-timeline-of-events/ Guest bios: Bennett Tomlin regularly publishes articles about fraud in the crypto space via his blog. His dayjob is data scientist and fraud investigator in the pharmacy benefits area. Larry Cermak is Director of Research and Analysis at The Block, a crypto research, analysis and news outlet geared toward institutional investors. Patrick McKenzie is a Tokyo-based entrepreneur and commentator. He wrote a thorough recount of the Tether controversy on his personal website. Patrick works for the Internet at Stripe. All comments are his own.
1 hr 16 min
Untold Stories
Untold Stories
Charlie Shrem | BlockWorks Group
Fighting for Data Rights with Gilbert Hill
My guest today is Gilbert Hill, CEO of TapMyData. TapMyData is a decentralized data protocol enabling people to own their digital identity and for companies to rebuild trust. Prior to becoming CEO of TapMyData, Gilbert founded Optanon and as the MD grew it to become the market leader in the provision of website auditing and cookie compliance solutions in the UK and EU. This is a must listen for those interested in Data and the Data economy. In our conversation we cover the GDPR, the evolution of the Data economy, Data Storage/Data Breaches, how TapMyData is helping consumers fight for their data rights and much more. ––– Coin Gaming Put your crypto knowledge to the test with Coingaming, and take home your share of a massive 500 mBTC prize pool. Predict the BTC price for Feb. 1, 2021 for a piece of the winning. Visit https://play.bitcasino.io/btc-predictor-2020-gb/index.html to learn more. ––– TOKENIZED STOCKS from BITTREX GLOBAL Bittrex Global is offering all of the Charlie’s listeners the ability to now buy tokenized stocks from Tesla, Apple, Amazon and more. Please visit https://global.bittrex.com/discover/tokenized-stocks to get fractional shares of your favorite stocks now from almost anywhere in the world. ––– This podcast is powered by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at https://blockworks.co
42 min
ROLLUP: 2nd Week of January
🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📈 KWENTA | DEVIRATIVES TRADING WITH INFINITE LIQUIDITY https://bankless.cc/kwenta ----- BTC Price In the last 7 days: - Touched $42,000 - Fell down to $31,000 - Regained $40,000. - Currently at $39,500 ETH Price - Touched $1,350 - Fell to $900 - Currently above $1,200 TVL in DeFi - From $22.8 to $23.3B $DPI - From $185 to $208 $MKR particularly interesting price action Retail entering; judging by exchange twitter followers https://twitter.com/lawmaster/status/1348220777498353665?s=20 Market Dumps because of overleverage: https://twitter.com/kaiynne/status/1348486588045668353?s=20 Numbers are bigger now Price swings, volume https://twitter.com/MessariCrypto/status/1348769821220069382?s=20 Coinbase volume https://twitter.com/lawmaster/status/1348895884315156481?s=20 Reminder: ETH futures on the horizon https://www.cmegroup.com/media-room/press-releases/2020/12/16/cme_group_to_launchetherfuturesonfebruary82021.html RELEASES Tether on a ZK Rollup https://www.theblockcrypto.com/post/90738/tether-usdt-hermez-ethereum-layer-2-scaling-solution-zk-rollups Nexus mutual offering insurance on exchanges https://www.coindesk.com/nexus-mutual-decentralized-insurance-cover-coinbase-binance-kraken-gemini Bitcoin hashrate tokenized on Ethereum https://www.theblockcrypto.com/post/90847/poolin-bitcoin-hashrate-token-pow-defi Connecting all the rollups with Vector? https://medium.com/connext/vector-0-1-0-mainnet-release-9496ae52c422 Cloudflare and IPFS - Your ethereum address is now accessible by any browser without an extension https://blog.cloudflare.com/cloudflare-distributed-web-resolver/ ETH staking inside Argent https://www.argent.xyz/blog/liquid-eth-staking-in-argent/ Synthetix announces Optimistic Rollup transition plan https://blog.synthetix.io/the-optimistic-ethereum-transition/ Coinbase Asset Hub https://blog.coinbase.com/introducing-coinbase-asset-hub-our-open-invitation-to-asset-issuers-f9d5f0be609d NEWS Gemini going public?? https://www.theblockcrypto.com/linked/91251/winklevoss-twins-weighing-taking-gemini-public Gemini BTC credit card https://techcrunch.com/2021/01/14/gemini-is-launching-a-credit-card-with-bitcoin-rewards/ Gary Gensler is new SEC chair. https://www.reuters.com/article/us-usa-biden-sec-exclusive/exclusive-biden-to-name-gary-gensler-as-u-s-sec-chair-sources-say-idUSKBN29H2PQ We did it. https://twitter.com/valkenburgh/status/1349717095425183747?s=20 Anchorage Becomes First OCC-Approved National Crypto Bank - CoinDesk https://www.coindesk.com/anchorage-becomes-first-occ-approved-national-crypto-bank Morgan Stanly owns 10% of Microstrategy https://www.coindesk.com/morgan-stanley-boosts-stake-in-bitcoin-laden-microstrategy-to-10-9 70,470 BTC, 10.9% is MS’s, 7681 BTC claimed to morgan stanly Pakistan using funds to mine BTC https://decrypt.co/53918/pakistan-is-now-using-government-funds-to-mine-bitcoin 2.5% of ETH supply in Gnosis safe https://twitter.com/gnosisSafe/status/1349685149408112646?s=20 TAKESSushi on the rise https://twitter.com/ashwath_22/status/1349090698788626432?s=20 Erik Voorhees on protocol competition https://twitter.com/ErikVoorhees/status/1349548038822502400?s=20 Brian Brooks “Get Ready for Self-Driving Banks” https://www.ft.com/content/c1caca5b-01f7-41be-85a4-3ecb883f2417 Bitcoin is less risky as NGU https://www.coindesk.com/bitcoin-bill-miller-cnbc-volatility-risk Ryan on ICOs - were ICOs net good or net bad? https://twitter.com/RyanSAdams/status/1347599685356314626?s=20Starting pistol for Web3 decentralization https://twitter.com/FEhrsam/status/1348316470258794496?s=20 Mark Cuban on internet tech stocks https://twitter.com/RyanSAdams/status/1348698853072130057?s=20 Bitcoin in race for adoption ahead of CBDCs https://www.coindesk.com/bitcoin-race-for-adoption-central-bank-digital-currencies ----- Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case
53 min
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