How often do you hang out with people in a different socioeconomic bracket than you? And where do you meet and congregate? Economist Maxim Massenkoff, and his co-author Nathan Wilmers, looked at cell phone location data to figure out where people with vastly different incomes commune together. Today on the show, Maxim discusses his research, and Darian and Alexi head to a restaurant to try and witness some of this class mixing in action.
Related Episode: The Secret to Upward Mobility: Friends
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CoinDesk Podcast Network - UNCHAINED: Arthur Hayes on Why Bitcoin Is Money and ETH Is a Sh*tcoin He Loves
Arthur Hayes, Chief Investment Officer of Maelstrom, delves into the anticipated bull run in crypto, the potential collapse of the traditional financial system, and his unique take on Bitcoin, Ethereum, sh*tcoins, and more.
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Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Pandora, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.
As 2023 nears its end, the crypto community is abuzz with speculation: will the relentless crypto winter give way in 2024? Crypto OG Arthur Hayes is confident that crypto is on an upswing. According to Hayes, these market cycles are historically recurrent, indicating a potential bull run in the near future.
In this episode, Hayes offers his insights on a range of compelling topics, from what he believes will be a resurgence of central bank money printing between 2024 and 2027 to the effect spot Bitcoin ETFs will have on crypto markets.
He also shares his views on the post-FTX blockchain landscape, the dynamics of Ethereum and meme-coins, and why he thinks Tether won’t last.
Show highlights:
- Why Arthur believes that central banks across the globe might resort to printing money again between 2024 and 2027
- Why he's anticipating a bull run in the crypto market within the next year
- Whether the financial system established post-World War II is on the verge of a breakdown
- What Arthur recommends investors should do in the event of a spot Bitcoin ETF launch
- Why he is confident that the launch of a Bitcoin ETF won't immediately lead to a massive surge in prices
- How, according to Arthur, the collapse of FTX actually validated the resilience of the blockchain ecosystem
- Whether the DCG crisis is likely to have a far-reaching impact on the crypto industry
- Why Arthur maintains a bullish stance on ETH and the Ethereum ecosystem, despite labeling it a “shitcoin”
- Whether he sees the use of the Bitcoin blockchain for trading memecoins (BRC-20s) as problematic
- Why Arthur thinks Tether's dominance will be challenged with the entry of major U.S. banks into the stablecoin market
- Why he firmly believes that AI systems will favor Bitcoin over traditional forms of money
- Why, in Arthur's view, China may not aim to become the issuer of the global reserve currency
- The investment strategy of Arthur’s family office, Maelstrom
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Guest
Arthur Hayes, CIO of Maelstrom.
Previous appearances on Unchained:
Arthur Hayes, Former Ethereum Skeptic, on Why the Merge Makes Him Bullish on ETH
Arthur Hayes of Bitmex on Why Countries Will Turn to Digital
The Chopping Block: Arthur Hayes on Why Crypto Needs to Ditch the Banks
How Crypto and Blockchain Technology Could Change Financial Services
Links
Macroeconomics
CoinDesk: The Relationship Between Bitcoin and Interest Rates Is Breaking Down: Arthur Hayes
Bad Gurl by Arthur Hayes
The Periphery by Arthur Hayes
Arthur Hayes’ tweet: “the U.S. banking crisis is back”
Bitcoin ETFs and markets
Forbes’ Billy Bambrough on Arthur Hayes’ hot ETF take - “If ETFs managed by TradFi asset managers are too successful, they will completely destroy Bitcoin.”
Blockworks: Institutional custody of bitcoin could kill it, cautions Hayes
Arthur’s tweet on cash or in-kind Bitcoin ETFs
Unchained: Why the SEC May Want Cash Creation of Spot Bitcoin ETFs
Arthur’s meme on BlackRock
SBF and FTX
White Boy by Arthur Hayes
White Man by Arthur Hayes
New York Magazine: The Original King of Crypto Is Back Arthur Hayes rubbed success in the Feds’ face and got busted. Now he’s returning to a shell-shocked industry.
CZ and Binance
Panda Power by Arthur Hayes
Unchained:
How Binance Will Open All Its Activity to the U.S. Government
Ethereum, Solana, meme-coins:
Hayes predicts SOL will go to $100, but also calls it “Sam-coin piece of dogshit L1 that at this point is just a meme”
Arthur’s tweets on memecoins:
Tweet: “thinking about what shitcoins I’m going to yolo into.”
Tweet: “$BONK > $SHIB”
Tweet: “Can $L be this cycle’s $SHIB?
Artificial intelligence
Massa by Arthur Hayes
Unchained: When AI and Blockchain Meet, How Can Each Technology Benefit?
The Chopping Block: Why AI Will Change the Course of History in Crypto
Stablecoins:
Arthur’s tweet on Ethena flipping USDT
Unchained: How Ethena’s USDe Challenges Traditional Stablecoin Models
Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Cato Daily Podcast - Human Freedom Continues Worrying Decline
The Human Freedom Index tracks human freedom across multiple dimensions for the bulk of humanity. Ian Vasquez details the latest iteration.
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CoinDesk Podcast Network - MARKETS DAILY: Crypto Update | Intriguing Regulatory Shifts in Turkey, Nigeria and India
Noelle Acheson, the mind behind the Crypto Is Macro Now newsletter, explores market moves, global regulatory rumblings, financial conditions and more.
Today's episode is sponsored by CME Group.
To get the show every day, follow the podcast here.
Today’s Stories:
Chainalysis: The 2023 Global Crypto Adoption Index
Nigeria Lifting Ban on Bank Accounts for Crypto Firms Could Lead to Usage 'Surge'
Erdogan Appoints Crypto Lecturer to Central Bank Rate-Setting Board - Bloomberg
India Issues Compliance 'Show Cause' Notices to 9 Offshore Exchanges Including Binance and KuCoin
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Disclaimer:
This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation.
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This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.
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Stuff They Don't Want You To Know - CLASSIC: Behind The Scenes of Atlanta Monster and Up and Vanished with Payne Lindsey
Join Ben, Matt and Noel as they interview Payne Lindsey, the creator of Atlanta Monster and Up and Vanished, for a behind-the-scenes look at Payne's process for developing these shows (as well as a sneak peek on Up and Vanished Season 2).
See omnystudio.com/listener for privacy information.
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Welcome to the Apple TV Silo! Why are we trapped in this strange and artificially limited space? Why can't anyone learn about the before times or openly worry that we're not getting the full story? Why do we all accept this illusion of freedom while being kept in cages? I'm for sure talking about the plot of this show and not the current state of online prescription streaming. And We're fore sure talking about conspiracy theories and why talking about them makes us all sad if we do it right.
Silo: https://en.wikipedia.org/wiki/Silo_(TV_series)
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Sibling shows:
Queersplaining: https://www.queersplaining.com/
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Recent appearances:
Aaron and Callie were on The Psychology Podcast to discuss all things trans. Check it out and share it around, we really did try to cover alllllll the bases: https://scottbarrykaufman.com/podcast/aaron-rabinowitz-callie-wright-what-we-get-wrong-about-transgender-people/
Content Preview: Listener Qs and As
The Commentary Magazine Podcast - People of the Year, 2023
On our final holiday week podcast, we choose the people we think represented 2023, in good ways and in very bad ways as well. From a heroic fighting man to a monstrous and foolish military leader, and others in between. Give a listen as you have a Happy New Year!
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Federalist Radio Hour - The Annual Airing Of Grievances
On this episode of "The Federalist Radio Hour," Common Sense Society Executive Editor Christopher Bedford and Federalist Culture Editor Emily Jashinsky air their 2023 grievances, including antisemitism, in vitro fertilization, Covid tyrants like Anthony Fauci, millennials, and people with allergies. Emily also shares listeners' grievances about Chris.
If you care about combatting the corrupt media that continue to inflict devastating damage on our country, please give a gift to help The Federalist do the real journalism America needs.
If you care about combatting the corrupt media that continue to inflict devastating damage on our country, please give a gift to help The Federalist do the real journalism America needs.
CBS News Roundup - 12/29/2023 | World News Roundup
Maine's secretary of state disqualifies Donald Trump from the primary ballot. Nikki Haley seeks to clarify her statements about the cause of the Civil War. Monster waves batter the California coast. Correspondent Peter King has the CBS World News Roundup for Friday, December 29, 2023.
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Focus on Africa - Sudan conflict: A year in review
The fighting that erupted in Sudan on 15 April this year between the Sudanese Armed Forces and the Rapid Support Forces (RSF), continues unabated. We hear from the BBC's Mohanad Hashim who has been covering the conflict from the start. It is more than a story to him. It involves his homeland, his family, and his compatriots.
Also, we meet Idiat Shiole, the 3D virtual fashion designer and creator of multiple AI models, representing a broader range of African women on the virtual catwalk.
And a look back at Africa's sporting triumphs in 2023!