Alex Gladstein, chief strategy officer of the Human Rights Foundation, explains why he believes China's new pro-blockchain stance could turn out to be a blunder for the country and why this could lead to a red pill/blue pill moment that gets Chinese citizens interested in Bitcoin. He also talks about how the country could use a digital yuan as financial leverage in other countries, and why he's skeptical of the Chinese government's claims that anonymous transactions will be possible in the currency, called DCEP. We also talk about how wary citizens around the world should be as more societies go cashless, how corporations are starting to self-censor due to China's financial leverage and what the connection is between financial freedom and free speech.
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Episode links:
Alex Gladstein: https://twitter.com/gladstein
Human Rights Foundation: https://twitter.com/HRF
China’s enterprise blockchain projects:
https://www.coindesk.com/from-banking-giants-to-tech-darlings-china-reveals-over-500-enterprise-blockchain-projects
China’s push to support cryptography: https://www.coindesk.com/chinas-congress-passes-cryptography-law-effective-jan-1-2020
Articles saying DCEP can be used like cash, does not require bank account: https://www.coindesk.com/new-head-of-chinas-digital-currency-says-it-beats-facebook-libra-on-tech-features
http://news.cnstock.com/news,yw-201909-4427378.htm
A Chinese dissident's view on the country's blockchain push
https://www.coindesk.com/bitcoin-dissident-sees-dark-warnings-in-chinas-blockchain-push
News recap
To see the links in this week's news recap, go to https://unchainedpodcast.com/only-we-chinese-pump-with-real-money/
Electric Capital on the Coins Punching Below Their Weight - Ep.86
Kik's Surprising Move in Its Lawsuit With the SEC - Ep.85
The IRS Is Cracking Down on Crypto Taxes: What You Need to Know - Ep.84
Jeremy Allaire on Why the US Government Needs a New Category for Digital Assets - Ep.83
Why the Congressional Hearings on Facebook's Libra Were Good for Bitcoin - Ep.82
Why Crypto Regulation Is Surprisingly Cypherpunk - Ep.81
Why It Would Be Good if Libra Rivaled the US Dollar - Ep.80
'Bitcoin Billionaires' Author Ben Mezrich on the Zuckerberg- Winklevoss Rivalry - Ep.079
Libra's Dante Disparte on Why We Should Trust a Financial System Designed by Facebook - Ep.078
Edgeware's Unusual Lockdrop: Get Tokens Even With Frozen Funds - Ep.077
LocalBitcoins on How Bitcoin Trading Compares Across the World - Ep.076
Ethereal 2019: DeFi and Paths to Everyday Usage - Ep.075
To the Moon and Back With Polychain's Olaf Carlson-Wee - Ep.074
Why HTC's Exodus 1s Will Have a Full Bitcoin Node - Ep.073
Binance Hack: Should the Threat of Reorgs Be Used to Deter Hackers? - Ep.072
What Happened to Bitfinex/Tether's $850 Million - Ep.071
Could Social Media Discontent Help the Decentralized Web? - Ep.070
Blockstack's Reg A+ Filing and the Future of Token Offerings - Ep.069
Coinbase Custody: Keep Your Crypto Safe and Use It Too - Ep.068
How Useful Is the SEC's Guidance on ICOs? - Ep.067
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