Summary:
In this episode we are joined by Frances Coppola, a noted freelance commentator on financial markets and crypto, to discuss the failure of crypto lender Voyager. We also ponder what Scotland can learn from the failings of major stablecoins. 2:45 - the crypto collapse chronology 6:30 - Three Arrows 10:00 - Is it 1907 or 1996 in crypto 13:00 - How Sam-Bankman Fried is the new JP Morgan. 18:30 - Nothing new under the sun 21:00 - Crypto's one utility is being a financial flight simulator 27:00- Michael Saylor's mortgage your house to buy bitcoin advice 34:00 - Crypto's Big Bang equivalent 38:00 - Old money vs New money 40:00 - Florida is the new financial centre of the world 45:00 - Voyager's unwinding 50:00 - How FDIC insurance actually works 1:05:00 - Scottish freebanking 1:15:00
Topics:
Frances Coppola considers the following as important:
This could be interesting, too:
In this episode we are joined by Frances Coppola, a noted freelance commentator on financial markets and crypto, to discuss the failure of crypto lender Voyager. We also ponder what Scotland can learn from the failings of major stablecoins. 2:45 - the crypto collapse chronology 6:30 - Three Arrows 10:00 - Is it 1907 or 1996 in crypto 13:00 - How Sam-Bankman Fried is the new JP Morgan. 18:30 - Nothing new under the sun 21:00 - Crypto's one utility is being a financial flight simulator 27:00- Michael Saylor's mortgage your house to buy bitcoin advice 34:00 - Crypto's Big Bang equivalent 38:00 - Old money vs New money 40:00 - Florida is the new financial centre of the world 45:00 - Voyager's unwinding 50:00 - How FDIC insurance actually works 1:05:00 - Scottish freebanking 1:15:00
Topics:
Frances Coppola considers the following as important:
This could be interesting, too:
Mike Norman writes Class
Mike Norman writes Episode 8 (S2) of the Smith Family Manga is now available — Bill Mitchell
Michael Hudson writes Beyond Surface Economics: The Case for Structural Reform
Nick Falvo writes Homelessness planning during COVID
In this episode we are joined by Frances Coppola, a noted freelance commentator on financial markets and crypto, to discuss the failure of crypto lender Voyager. We also ponder what Scotland can learn from the failings of major stablecoins. 2:45 - the crypto collapse chronology 6:30 - Three Arrows 10:00 - Is it 1907 or 1996 in crypto 13:00 - How Sam-Bankman Fried is the new JP Morgan. 18:30 - Nothing new under the sun 21:00 - Crypto's one utility is being a financial flight simulator 27:00- Michael Saylor's mortgage your house to buy bitcoin advice 34:00 - Crypto's Big Bang equivalent 38:00 - Old money vs New money 40:00 - Florida is the new financial centre of the world 45:00 - Voyager's unwinding 50:00 - How FDIC insurance actually works 1:05:00 - Scottish freebanking 1:15:00 - GFC 1:23:00 - The cost of french chateaux 1:25:00 - House building norms 1:27:00 - Energy shortages 1:28:00 - MMT perspectives on resource constraints 1:35:00 - CBDC account money 1:37:00 - What are the options for Scotland 1:41:00 - The UK's own renegade independence movements 1:47:00 - ABBA Avatars and the Metaverse 1:50:00 - Gulliver's travels 1:52:00 - Opium dens |