SOB #492 Can Stablecoins Survive?

SOB #492 Can Stablecoins Survive?

Author: Adam B. Levine December 22, 2021 Duration: 57:32

Join hosts Adam B. Levine and Stephanie Murphy along with special guest Josh Scigala, CEO of Vaultoro, for a wide-ranging exploration of the growing asset class of "Stablecoins."


On this episode we discuss:

  • The possibility of central banks or regulators banning private 1:1 stablecoins.
  • The challenges faced by early, decentralized, overcollateralized stablecoins.
  • How negative interest rates will drive 1:1 stablecoins into fractional reserve.
  • The potential weaponization of unlimited money printing to take control of limited resources. 
  • The scenario where governments freeze bank accounts connected to 1:1 backed coins in an attempt to destroy the wider crypto economy.
  • The Potential for mismanagement of funds by 1:1 companies and threat of a Lehman brothers 2.0
  • The shrinking but still dangerous dearth of transparency within the biggest stablecoin balance sheets
  • Why regulators can't seem to keep up with real solutions
  • Why Josh believes decentralised stablecoins present a better set of tradeoffs.

Have any questions or comments? Send us an email at adam@speakingofbitcoin.showToday’s show featured Andreas M. Antonopoulos, Jonathan Mohan, Stephanie Murphy and Adam B. Levine, with editing by Adam B. Levine and music by Gurtybeats.com. Our episode art was created by Adam B. Levine using pixelmind.ai

Any questions or comments? Send us an email at adam@speakingofbitcoin.show


For years, Speaking of Bitcoin has served as a thoughtful hub for conversation about the technology reshaping money and society. Hosted by Adam B. Levine alongside Andreas M. Antonopoulos, Dr. Stephanie Murphy, and Jonathan Mohan, this podcast approaches a complex and often divisive space with a commitment to clarity and even-handed exploration. The discussions prioritize depth over hype, breaking down technical concepts, economic implications, and the human stories behind the cryptocurrency phenomenon. You'll hear nuanced analysis and interviews that respect the listener's intelligence, whether the topic is a new protocol layer, a regulatory shift, or a philosophical debate about digital sovereignty. As the longest-running English-language talk show dedicated to this ecosystem, it offers a unique historical perspective that newcomers and veterans alike will appreciate. Tune in for the friendly, substantive dialogue that has defined this show since its earlier days as Let's Talk Bitcoin.
Author: Language: English Episodes: 50

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