153 - Why Crypto is Underrated with Tyler Cowen

<p>✨ DEBRIEF | Unpacking the Episode:<br /> <a href= "https://shows.banklesshq.com/p/tyler-cowen-debrief">https://shows.banklesshq.com/p/tyler-cowen-debrief</a> </p> <p>------<br /> Tyler Cowen is an American economist, columnist, and blogger. He’s also a professor at George Mason University, where he also produces the Conversations with Tyler podcast with guests like Vitalik Buterin. Marc Andreessen, and Ray Dalio.</p> <p>In today’s episode, Tyler shares why he thinks regulators should pause and wait before passing crypto regulation in the wake of FTX, how FTX and Enron are similar, why he calls himself a crypto-hopeful (even though he thinks Balaji’s Network State idea is utterly wrong). And finally, we play Tyler's favorite game—Overrated vs. Underrated—about everything relevant in 2023: Crypto AI, Inflation, America, China, Social Media, Wealth Inequality, and more.</p> <p>------<br /> 📣 Crypto Tax Calculator | Free Crypto Tax Calculator<br /> <a href= "https://bankless.cc/cryptotaxcalculator">https://bankless.cc/cryptotaxcalculator</a> </p> <p>------<br /> 🚀 JOIN BANKLESS PREMIUM:<br /> <a href= "https://newsletter.banklesshq.com/subscribe">https://newsletter.banklesshq.com/subscribe</a> </p> <p>------<br /> BANKLESS SPONSOR TOOLS:</p> <p>🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE<br /> <a href= "https://bankless.cc/kraken">https://bankless.cc/kraken</a> </p> <p>🦄UNISWAP | ON-CHAIN MARKETPLACE<br /> <a href= "https://bankless.cc/uniswap">https://bankless.cc/uniswap</a> </p> <p>⚖️ ARBITRUM | SCALING ETHEREUM<br /> <a href= "https://bankless.cc/Arbitrum">https://bankless.cc/Arbitrum</a> </p> <p>🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS<br /> <a href= "https://bankless.cc/earnifi">https://bankless.cc/earnifi</a> </p> <p>------<br /> Topics Covered</p> <p>0:00 Intro<br /> 6:10 Tyler’s 2023 Crypto Thoughts<br /> 6:50 Why Crypto is Confusing<br /> 9:04 Is Crypto Overrated?<br /> 10:25 Is Crypto Worth it?<br /> 12:19 Regulation<br /> 19:33 On-Chain Privacy, Taxes, Surveillance<br /> 24:00 FTX vs. Enron<br /> 27:35 Weal