Dan McArdle, cofounder of Messari and the creator of OnChainFX, discusses why tether lost its dollar peg, how the Gemini USD traded at above $1, and how this was similar to the time before Mt. Gox imploded. We also discuss the significance of the Fidelity news, plus McArdle's thesis on how Bitcoin would behave in a recession -- which isn't the conventional wisdom.
Thank you to our sponsors!
Blockdaemon: http://blockdaemon.com/unchained/
OnRamp: http://www.thinkonramp.com
Episode links:
Dan McArdle: https://twitter.com/robustus
Messari: https://messari.io
OnChainFX: https://onchainfx.com
Tether falls in price: https://www.coindesk.com/price-of-tether-stablecoin-tanks-to-18-month-low/
Gemini trades as high as $1.09: https://www.coindesk.com/gemini-stablecoin-volume-doubles-top-10-exchange-bibox-tether-turmoil/
Bitfinex's banking situation: https://theblockcrypto.com/2018/10/16/tether-has-found-a-new-bank-in-the-caribbean/
https://theblockcrypto.com/2018/10/16/bitfinex-appears-to-have-moved-its-business-to-a-hong-kong-bank/
Unchained episode in which I answer listener questions: http://unchainedpodcast.co/listener-mail-laura-answers-your-questions-on-the-markets-velocity-privacy-and-more-ep88
Fidelity's news: https://www.forbes.com/sites/michaeldelcastillo/2018/10/15/fidelity-launches-institutional-platform-for-bitcoin-and-ethereum/
Dan's thoughts on how Bitcoin could behave in a recession: https://twitter.com/robustus/status/1010240675189805063
Kyle Samani on How 2020 Will Be the Year of Small Success Stories - Ep.106
How I Got SIM Swapped -- and How to Protect Yourself - Ep.105
Meltem Demirors on the First Decade of the Existence of Bitcoin - Ep.104
Larry Cermak of The Block on What 90% of Bitcoin Trading Is For - Ep.103
What Quadriga Really Was: 3 Theories About Gerald Cotten - Ep.102
How to Get 7% of Your Purchases Back in Bitcoin - Ep.101
How MakerDAO Now Features a Risk-Free Rate - Ep.100
An Interview With the Anonymous Developer of HKmap.live - Ep.99
Why Employees Cheered After Jihan Wu's Coup at Bitmain - Ep.98
Why the Digital Yuan Could One Day Be Seen as a Blunder - Ep.97
How the Hong Kong Protests Gave a Boost to Gods Unchained - Ep.96
How Bitcoin Led to the Demise of the Largest Child Porn Site - Ep.95
Althea Network: How Ethereum Is Used in the Real World - Ep.94
How Block.One Got Away With Just a $24 Million Penalty - Ep.93
Nick Tomaino on Why He Is Skeptical Libra Will Be Significant - Ep.92
How Tether's Surge on Ethereum Is Affecting Bitcoin - Ep.91
How Cryptocurrencies Could Threaten the State - Ep.90
Why Bitcoin Dominance Is at 70% - Ep.89
Why Ryan Zurrer Would Like to See a New DAO - Ep.88
Accepting Bitcoin Since 2011: Room77 in Berlin - Ep.87
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Sarah Westall - Business Game Changers
Startitup podcasty
Børsen Morgenbriefing
Wall Street Breakfast