Honestly with Bari Weiss - The Future of Money with Brian Armstrong

Have you ever gone on the internet and stumbled onto this combo of words, or perhaps non-words?: “Dogecoin.” “Shiba Inu.” “Hawkcoin.” “Bored Ape NFT.”


If that sounded like gibberish, don’t worry—we’ll explain. And also, time to start learning, because these terms come out of a new financial ecosystem—the world of crypto, a market that started 15 years ago and is now worth about $3.3 trillion.


This new world has caught the attention of none other than President Donald Trump. Since coming to office, Trump has appointed a crypto czar and floated the idea of a national crypto stockpile. And shortly Trump took office, he launched his own meme coin—as did Melania. Trump’s coin has reportedly generated $100 million in trading fees so far.


And to top it all off, Trump is taking calls from the biggest names in the business. One of whom is our guest today—Brian Armstrong. Brian is a 42-year-old San Jose native who changed the nature of commerce not only in America but all over the world. He co-founded a cryptocurrency platform called Coinbase in 2012. Now, it’s the largest crypto exchange in the US.


To some, he’s doing something as revolutionary as building rocket ships to Mars. To others, he’s growing an industry riddled with scammers, grifters, and criminals.


Armstrong says those stories are the sideshow and that Bitcoin—or perhaps another cryptocurrency—will prove itself to be as essential as the dollar.


Today on Honestly, Bari asks Brian why he thinks crypto is the way of the future, how he navigates eager regulators, why he’s been so politically active, how MAGA’s "America First" ethos gets along with the borderless, decentralized crypto zeitgeist, and if crypto is really as dangerous as some make it out to be.


We also talk about the DOGE, his recent meeting with Trump, and how he once stuck his neck out against the far-left mob.


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Everything Everywhere Daily - Economic Statistics

Every month, or sometimes every quarter, governments around the world release economic statistics.

Markets will often wait for the release of these statistics, and billions of dollars of investments will often hang on what these statistics reveal. 

While the announcement of economic data will often make the news, many people aren’t aware of what these statistics actually mean. Often times they reflect something totally different than what their name might imply. 

Learn more about economic statistics, how they are calculated and what they mean on this episode of Everything Everywhere Daily.


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The Intelligence from The Economist - Heir-raising: the boom in inheritance

As the baby-boom generation starts to die and economic growth slows many more people are getting rich from family wealth. Are we returning to the age of Jane Austen? The latest EIU Democracy Index reveals what a bumper election year did to country rankings (9:36). And our correspondent takes an ice bath (16:40). 


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NBN Book of the Day - Laureen D. Hom, “The Power of Chinatown: Searching for Spatial Justice in Los Angeles” (U California Press, 2024)

Chinatown neighborhoods in the United States are about more than restaurants, shops, and architecture, argues San Jose State urban studies associate professor Laureen Hom in The Power of Chinatown: Searching for Spatial Justice in Los Angeles (California UP, 2024). They're also communities where people live, organize, and argue over politics. Chinatowns are vital political actors, places where culture, history, and community come together to form bulwarks of power as places that have historically had considerable agency in shaping their own destiny. In this close study of Los Angeles' Chinatown neighborhood in the early twenty first century, Hom argues that the neighborhood is a complex places, where urban trends such as gentrification and displacement have been at once both pushed against and, at times, encouraged, both from within and without. 

The Power of Chinatown puts people at the center of the story, arguing that for all its tourist appeal, it is those who live in this place who care about it the most, and thus are willing to fight the hardest to protect what makes this neighborhood truly a community.

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What A Day - Billionaire Tax Club

Tax season is upon us, with millions of Americans preparing to file lots of complicated paperwork with the Internal Revenue Service to figure out how much they owe the federal government. Potentially complicating things this year, though, is the Trump administration's decision to fire thousands of IRS workers, just as all that complicated paperwork starts rolling in. Economist Lindsay Owens, executive director of the economic policy think tank Groundwork Collaborative, explains what tax cuts we can expect from Republicans' forthcoming legislation.

And in headlines: A pair of federal agencies directed government departments to prepare for mass layoffs, the U.S. records its first death from measles in a decade, and Jeff Bezos says The Washington Post's op-ed page will focus on 'personal liberties and free markets.'

Show Notes:

The NewsWorthy - Cabinet Celebrates Musk, ‘Trump Gaza’ Video & Alexa+ Debuts – Thursday, February 27, 2025

The news to know for Thursday, February 27, 2025!

We’ll tell you why the first gathering of President Trump’s new cabinet ended up centered around a non-cabinet member: Elon Musk, and how the government is preparing for another, larger round of mass layoffs.

Also, we’re talking about a controversial video the president posted online—showing a reimagined version of Gaza, complete with nightclubs, golden Trump statues, and American dollar bills.

Plus, what a new mission is hoping to accomplish on the moon, what a recent survey learned about America’s LGBTQ population, and what Amazon’s Alexa will be able to do with the power of AI.

Those stories and even more news to know in about 10 minutes! 

 

Join us every Mon-Fri for more daily news roundups! 

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The Best One Yet - 🚀 “The Hacks Pod” — Our 3 Best Stories on Innovation Hacks

Our 2nd Bonus Pod during our Paternity Week is on 3 of our best pop-biz stories on growth hacks from the last year:


#1. SharkNinja’s stock has climbed 140% this year… Here’s how it’s taken over your kitchen.


#2. Gin in a motor oil can? Tampons in an ice cream pint?... The new packaging trend is chaos.


#3. The fastest-growing candy right is Nerds Clusters… It shows there’s a business case in gut instinct.


Share this episode with your buddy who’s building something (or your buddy who should be).


We’ll be back with our usual daily show next week, after Jack’s spent some time getting to know his new baby. But look out for more paternity pods from us dropping this week.


And if you crave more business storytelling from us? Check out our weekly deepdive show: “The Best Idea Yet” — The untold origin stories of the products you’re obsessed with: Wondery.fm/TheBestIdeaYetLinks



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NPR's Book of the Day - The authors of ‘Pseudoscience’ explore and debunk your favorite conspiracy theories

Strange stories are often used to fill gaps in human knowledge. But why do people love bizarre explanations for the unexplained? Dr. Lydia Kang and Nate Pedersen look to answer this in their new book, Pseudoscience: An Amusing History of Crackpot Ideas and Why We Love Them. In today's episode, Kang and Pedersen speak with NPR's Ayesha Rascoe about some of the most popular conspiracies, being careful about which ones to indulge in, and the dangers of being misinformed.

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The Indicator from Planet Money - Europe’s NATO members take an economic hit

When it comes to defense, one thing looks certain: European members of the North Atlantic Treaty Organization (NATO) are going to have to pay more. Countries that are struggling economically will soon need to spend hundreds of billions of dollars. Can they do it?

Related episodes:
Can Europe fund its defense ambitions? (Apple / Spotify)
The weapons supply chain

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What Next | Daily News and Analysis - Will Gaza’s Ceasefire Last?

The ceasefire between Hamas and Israel has held since January 19. Now, the second phase—negotiating Gaza’s future—is supposed to begin. But anger over the deaths of hostages and intrusions into the West Bank aren’t going to make it easy.


Guest: Yair Rosenberg, staff writer at The Atlantic and author of Deep Shtetl, a newsletter about the intersection of politics, culture, and religion. 


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Podcast production by Elena Schwartz, Paige Osburn, Anna Phillips, Madeline Ducharme, Ethan Oberman, and Rob Gunther.

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