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Stablecoins and National Security | Former CFTC Chair Timothy Massad

2024/5/27
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🎬 DEBRIEF | Ryan & David unpacking the episode: https://www.bankless.com/debrief-the-timothy-massad-interview

 

Are stablecoins a threat to national security? How should the US government step in?   We brought Timothy Massad, the perfect guest to help us answer these hard questions. He was the Obama appointed chair for the CFTC, the guy who helped designate Bitcoin as a commodity over 10 years ago.   We touch on:

  • The importance of stablecoins.
  • How stablecoins compare to eurodollars.
  • Weather crypto and sanctions can co-exist.
  • A sensible policy for stablecoins.
  • And finally, his thoughts on what happens next.

  Timothy brings a whole different perspective from what we’re used to in our crypto bubble. That’s exactly why you should tune into this episode.

 

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TIMESTAMPS   0:00 Intro 6:34 Timothy’s Background 9:30 Security vs Commodity 12:46 Stablecoin First Impressions 21:42 The Importance of Stablecoins 28:26 History of the Eurodollar 38:46 Economic Sanctions 47:47 Stablecoins and Sanctions 1:08:59 A Stablecoin Future 1:13:37 A CBDC Future 1:18:49 What about Privacy? 1:20:58 The Role of the Dollar 1:23:18 Stablecoins Abroad 1:25:43 Predictions 1:28:10 Closing & Disclaimers

 

RESOURCES   Timothy Massad https://x.com/timmassad)    Stablecoins and National Security by Timothy Massad https://www.brookings.edu/articles/stablecoins-and-national-security-learning-the-lessons-of-eurodollars/)    Five Perspectives on Stablecoins by Nic Carter https://medium.com/@nic__carter/five-perspectives-on-stablecoins-5bc20076270a

 

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