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 In...
Mar 10, 2023•48 min•Ep. 119
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 tackl...
Mar 03, 2023•31 min•Ep. 118
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...
Feb 24, 2023•27 min•Ep. 117
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 sta...
Feb 17, 2023•38 min•Ep. 116
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...
Feb 10, 2023•38 min•Ep. 115
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...
Feb 03, 2023•28 min•Ep. 114
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 prono...
Jan 27, 2023•23 min•Ep. 113
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,” whi...
Jan 20, 2023•45 min•Ep. 112
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...
Jan 06, 2023•38 min•Ep. 111
This episode is sponsored by Roofstock onChain Web 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 , ...
Dec 30, 2022•54 min•Ep. 110
This episode is sponsored by Roofstock onChain By what means do we think about identity? A substantial amount of regulation and policy work that is happening in crypto right now is about how and when one will need to classify a transaction or exchange and to what extent pre-existing rules apply in the Web3 space. On this “Best of” episode of “Money Reimagined,” recorded in September at Converge22 by Circle, Michael Casey and Sheila Warren are together to discuss the challenges of identity ...
Dec 23, 2022•43 min•Ep. 109
This episode is sponsored by Roofstock onChain What went wrong? How could companies valued in the tens of billions of dollars a few months ago suddenly be worthless? Was everything that came before FTX a mirage? Is it nothing but a shell game? A Ponzi scheme? What let us down wasn't a technology failure; it was a human one. On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Simon Johnson , the Ronald A. Kurtz Professor of Entrepreneurship at the MIT Slo...
Dec 16, 2022•45 min•Ep. 108
This episode is sponsored by Roofstock onChain I think it's fair to say that this year has been remarkable for crypto, as it is the ninth consecutive year that we honor people and institutions that have made a significant impact on crypto, whether for good or bad, by curating a list … CoinDesk’s Most Influential. On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Ben Schiller, managing editor of CoinDesk’s Consensus Magazine, about the much...
Dec 09, 2022•33 min•Ep. 107
This episode is sponsored by Roofstock onChain . The crypto world has been a little different every week after the fallout with FTX and the image of Sam Bankman-Fried versus the reality of what was actually happening has created distrust in the crypto industry. So where do we begin to ask the right questions to balance the need for security with privacy for the future? On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Juan Zarate, senior adviser f...
Dec 02, 2022•46 min•Ep. 106
This episode is sponsored by Roofstock onChain This is a story of how something can appear to be what it is not. It’s a tale of a jarring contrast between the image the world had of Sam Bankman-Fried before FTX’s meltdown pushed the crypto world into a nauseating tailspin and the reality of a wildly mismanaged multibillion-dollar empire with what Bankman-Fried’s appointed successor described as an “ unprecedented” failure of accounting, oversight and discipline . Before Ian All...
Nov 18, 2022•37 min•Ep. 105
This episode is sponsored by Roofstock onChain Relm Insurance CEO Joe Ziolkowski spoke with us a few episodes ago about the growing demand for off-chain, crypto-specific insurance and the likelihood of non-crypto insurance products offered on-chain. On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Denis Pitcher , chief fintech adviser to the Office of the Premier in the territory, and Chancellor Barnett , chairman of Jewell Bank, the first recipient o...
Nov 11, 2022•43 min•Ep. 104
This episode is sponsored by Near . Legislative steps we're taught in civics class are only a small part of what it takes for a bill to become a law. The process of strategy negotiations and long-term thinking for future industries is complex. In addition to balancing huge agendas, lawmakers and their teams have to navigate a complex regulatory environment, all while paying attention to polling data. According to a recent study by the Crypto Council for Innovation, those who own crypto will vote...
Nov 04, 2022•47 min•Ep. 103
This episode is sponsored by Near . The Bermuda government has taken an interesting approach to encourage the development of crypto, blockchain, and digital assets within the territory. The insurance sector is one area where Bermuda seems well-positioned to dominate crypto finance and its territory is one of the largest insurance and reinsurance hubs in the world. Does its model set the stage for other countries in the quest for viable insurance? On this episode of “Money Reimagined” host Michae...
Oct 28, 2022•32 min•Ep. 102
This episode is sponsored by Near . Now in the bear market, we are approaching the potential for a secure, privacy-preserving Web3. Why is it so important or even possible to have a truly portable identity now more than ever? On this episode of “Money Reimagined” hosts Michael Casey and Sheila Warren speak with Greg Kidd , a serial entrepreneur, investor, and the founder of the Hard Yaka investment group. As an early investor in companies such as Twitter, Square, Ripple, Coinbase, and Twil...
Oct 21, 2022•32 min•Ep. 101
This episode is sponsored by Circle and Near . Over the past year, Michael and Sheila have talked quite a bit on this show about the quickly evolving crypto policy environment. A big theme in all of that has been the intersection – and quite often the clash – between the industry’s breakneck pace of innovation and regulation. As the industry grows, governments around the world are looking to get up to speed, and increasingly their actions have ramifications in the sector. One regulatory bo...
Oct 14, 2022•43 min•Ep. 100
This episode is sponsored by Circle and Near . Can financial inclusion be achieved without a bank account or a digital money solution, such as crypto? Host Michael Casey is solo on this episode of “Money Reimagined,” to speak with Brett Scott , journalist, financial hacker, activist, and author of ‘Cloud Money: Cash, Cards, Crypto and the War for Our Wallets.’ According to Scott’s thesis, digitizing money is putting humanity at risk. He argues that cash, with its unique capacity to preserv...
Oct 07, 2022•46 min•Ep. 99
This episode is sponsored by Circle and Near . By what means do we think about identity? A substantial amount of regulation and policy work that is happening in crypto right now, is about how and when one will need to classify a transaction or exchange and to what extent do pre-existing rules apply in the Web3 space. On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren are together again but this time, at Converge22 by Circle. They discuss the challenges of identity...
Sep 30, 2022•43 min•Ep. 98
This episode is sponsored by Circle and Near . A Part 2 climate change edition from Lisbon, Portugal at Nearcon2022 . On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren are still together at Nearcon2022 for a second discussion on carbon credits and climate change. They speak with guests Robert Schmidt , chief operating officer and co-founder of Toucan, and Phil Fogel , chief blockchain officer and c...
Sep 23, 2022•31 min•Ep. 97
This episode is sponsored by Circle and Near . A climate change edition from Lisbon Portugal at Nearcon2022. “Money Reimagined,” hosts Michael Casey and Sheila Warren are together again at Nearcon2022 to discuss blockchain sustainability and the data needed to combat the concerns of climate change. This topic is “near and dear to their hearts” because Michael and Sheila co-founded CISA, the Crypto Impact Sustainability Accelerator, at The World Economic Forum precisely to focus on to...
Sep 16, 2022•42 min•Ep. 96
This episode is sponsored by Circle and NEAR . Think tanks are research institutions with an evidence-based approach. They have recently been called upon to provide data points for crypto to support informed policy decision-making. On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Josh Lipsky , the senior director of the Atlantic Council’s GeoEconomics Center, where he manages the Atlantic Council's ...
Sep 09, 2022•34 min•Ep. 95
This episode is sponsored by Circle and NEAR . In the attempt to contain the inflationary outbreak in the U.S. economy, the Federal Reserve’s monetary tightening by hiking interest rates will continue for some time. Recently, the U.S. central bank’s chair, Jerome Powell, made it clear that our present crypto winter was here to stay. However, this is a good time for development in the crypto space. On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren spea...
Sep 02, 2022•36 min•Ep. 94
This episode is sponsored by Circle and NEAR . The massive web of regulations that entangle the legacy financial sector have been, in the recent past, a guidepost for governors to apply to the crypto industry. But the argument for many in the crypto community is that those same rules aren’t really applicable to crypto and decentralized finance (DeFi), especially without considerable changes. As the industry matures and seeks more clarity concerning governance and regulation, larger questio...
Aug 26, 2022•44 min•Ep. 93
This episode is sponsored by Circle and NEAR . For many in the crypto community the practice of pseudonymity for security and privacy is common and has purpose in working toward self-sovereignty. But is there a downside of pseudonymity? In our society especially, we are all too often familiar and perhaps too comfortable with sharing our identity or at least some form of it with others and sometimes the world. Does that make it hard for us to interact with those around us who choose to rema...
Aug 19, 2022•40 min•Ep. 92
This episode is sponsored by Circle and NEAR . Until this year’s massive correction in token prices with the related collapse of Terra, Celsius Network and other once-big players, industry leaders could argue that a lightweight touch to regulation would allow innovation in this booming sector to flourish, however the extent of the losses has swung the balance in favor of regulators. Recently, concerns have been raised with Tornado Cash , a decentralized software that mixes ether (ETH) payments t...
Aug 12, 2022•34 min•Ep. 91
This episode is sponsored by Circle and NEAR . What is it with sports and crypto? Crypto does reward and incentivize actions that reinforce a sense of belonging to a community that sporting institutions, athletes and fans all know well. But with this crypto winter, will fans be left with something of lasting value that enhances their engagement with their favorite teams and athletes – or are they merely being exploited for money? On today’s episode of “Money Reimagined,” to dive deeper int...
Aug 05, 2022•36 min•Ep. 90