25 Burst results for "Allaire Allaire"
Bankless
"allaire " Discussed on Bankless
"But instead of depending on the government to build technology and innovate, you're depending on public Internet infrastructure, public blockchain infrastructure, the crowdsourced open-source development that has given growth to the entire Internet and you're doing that and you're allowing that kind of that level of innovation, which is constantly obsolescent itself. And you're enabling technology driven software powered intermediaries to drive the development of that. That's the vision. And I think we're much closer to that now. And I think it's much more likely that if these incidents actually, the regulators say, yeah, we don't want these stablecoins to tip over when there's commercial bank failures. You actually get to that point where you have a higher quality reserve, and you've got good supervision because I think if we're going to be a market infrastructure, a dollar market infrastructure that tons of people in the world depends on, we should be supervised. Like we should be very, very heavily supervised to make sure we're not doing crazy badass stuff. And if you get there and you get things like account abstraction and layer twos and all the things that are happening, you can create a user experience that actually could work for billions of people. And so I actually think we're like two, three years away from having at scale a regulated model of this that can work at Internet scale and work for users. And that's going to happen way faster than in Central Bank digital currency. That has the potential to happen at Internet speed and Internet scale. So Jeremy, I guess as we close and I know you're very busy and you have to leave, but this has been fantastic. I've learned a tremendous amount during this conversation. I'm curious we're having a conversation a little bit later today with Hester purse from the SEC. And of course, it feels like coming to 2023, crypto has never faced more regulatory headwinds, like it feels like coming out of 2022. There's a lot of resistance. And it's not clear to me yet how politicians and lawmakers will react on the bank of this bank crisis, right? We said the banks failed crypto rather than crypto failing the banks. Is this what the narrative will say? Is this what the politicians will say or will they point to crypto and aim for scapegoat? That to me is still unclear. But let me ask you, maybe this is a question that we can relate to some of our regulatory conversations. What regulation do you need? What do you need most from Congress or lawmakers, those that are governing this country in order to accelerate the plan that you talked about? Yeah, I mean, I think what we need is a bill that, I think, as of late last year, when Congress was turning over, was kind of 80 or 90% complete, which is what we refer to as the Mick waters Bill, which is the co chairs of the House financial services committee chairwoman at the time. Waters and Patrick mchenry worked really, really closely on a bipartisan bill for stablecoins that would basically create this pathway for a kind of federally registered firm. So you're not dealing with the patchwork of all these states and you're up leveling and sort of a race to the top set of standards and give firms like circle the ability to have the safest foundation in terms of the
Bankless
"allaire " Discussed on Bankless
"So if you fast forward as this has scaled out over the past few years, our goal was we want to, as one of my colleagues says, it's sort of from our perspective, it's a race to the top, not a race to the bottom and raised to the top was like, how do we keep increasing transparency? How do we keep increasing the quality of the reserves? With an ultimate end state, which we've stated publicly for years now, which is that we believe the base layer of dollars on the Internet needs to be essentially straight through government obligation money, meaning it should be cash at the Federal Reserve and it should be these sort of T bills, these short duration T bills. And that's basically cash or cash equivalency. And a digital cash instrument should do that. We shouldn't depend on the risks inherent in the fractional reserve banking system to underpin that. Now, legally, that and from a kind of technical and regulatory perspective, that wasn't possible for us. But we've been moving over time as more banks got comfortable with firms like circle, to expand the number of banks that could hold reserves. We expanded the number of banks that could handle transaction processing with USD C and there's some big breakthroughs actually kind of over the last 6 months and two really noteworthy ones. One was we moved essentially 80% of the reserves to be exclusively in these short term T bills. But we set it up in this structure in a strategic partnership with BlackRock. BlackRock is the largest asset manager in the world. 11 or 10 trillion ish assets. And we created something called the circle reserve fund, which basically is an SEC registered and supervised reserve fund. It is a government money fund. It exists exclusively for USD C reserves. And it's held entirely for the benefit of USD C holders. And that allowed us to basically offer total transparency. So anyone in the world can go any day of the week and look at the USD XX ticker. And they could see exactly the portfolio of T bills, their maturity, et cetera. And so they can see, okay, 80% of this is this highly liquid thing. And it's also independently. It's SEC supervised. It's independently audited. And so that's like part of the race to the top. How do we keep increasing that? But then we have this 20%, which is in commercial banks. And our goal is also a race to the top race to the top there. We know that sitting inside of that is commercial bank risk. And so you sort of prudently you look at, okay, we want to have a rated publicly traded financial institutions. We want to have the best possible quality there. And I think our goal over time was how do we get more and more of this at the largest cash custodians in the world. So if we're going to have that, we have that in place. So we actually began work with Bank of New York Mellon, BNY Mellon. It's like the first bank in the United States, Alexander Hamilton founded it, and they hold $24 trillion of assets.
The Block
Circle USDC operations will resume when U.S. banks open Monday CEO Allaire
"11 p.m. Sunday, march 12th, 2023. Circle USD C operations will resume when U.S. banks open Monday CEO aller. Circle USD C reserves are safe and secure and liquidity operations will resume at banking open tomorrow, CEO Jeremy aller, said on Twitter the post circle, USD C operations will resume when U.S. banks open Monday CEO alert appeared first on the block
Thinking Crypto News & Interviews
"allaire " Discussed on Thinking Crypto News & Interviews
"Clients funds continue to be safe and accessible, including USD C conversions, which will resume on Monday. So that's good to hear. They're going to continue their USD C conversions. They had paused it over the weekend, and the timing aligns with all these collapses. So folks were worried and especially that circle had $3.3 billion at Silicon Valley bank. So hopefully, you know, things proceed as normal tomorrow. They continued here saying all client cash at banks continues to be protected by FDIC pass through insurance due to the FDIC's hold on signatures transactions, we're currently facilitating all client cash transactions with other banking partners. As of close of business Friday, march 10th, the coinbase had an approximately $240 million balance. In corporate cash at signature, as stated by the FDIC, we expect to be to fully recover these funds. So imagine if the FDIC or the fed didn't step in here, it would be really bad for a lot of these crypto companies, right, guys. A lot of money would be lost. But it goes back to the problem itself was created by the fed in the government and now they have to come in and solve it. It's really ridiculous. Here at Jeremy allaire, not too long ago, released a statement about circle and USD C he said, update, thread on USD C, we are heartened to see the U.S. government and financial regulators take crucial steps to mitigate risk extending from the fractional banking system. 100% of deposits from Silicon Valley bank are secure and we will be available at banking open tomorrow. That's good to hear guys. So dodging a bullet here, right? But once again, they contagion can continue to spread. He said 100% of USD C reserves are also safe and secure, and we will complete our transfer for remaining SVB cash to BNY Mellon. Now remember, BNY Mellon, America's oldest bank and the largest custodial bank in the world, and what did they do last year, my Friends? If you recall, they launched crypto custody services. So interesting what's happening here, right? One could argue these bigger incumbents are working with politicians like Elizabeth Warren to kill these or slow down these crypto friendly banks so that they can come in.
Bloomberg Crypto
"allaire " Discussed on Bloomberg Crypto
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Businesses of all types can qualify, including those who took PPP, nonprofits, and even those who had increases in sales to find out if your business qualifies just go to get refunds dot com slash business, click on qualify me and answer a few questions. This payroll tax refund is only available for a limited amount of time. Don't miss out. Go to get refunds dot com slash business. Get refunds dot com slash business. One of the most interesting criticisms of blockchain is that it's actually very difficult to launder money on it because so much of it is visible to these kinds of governments. But I think in 2023, the specific objections regulators have had to stable coins in crypto is less about the hacks the frauds in the scams because as you've just described there's this robust and frankly very intense framework to stop terror cells from trying to have access to these kinds of technology. For them, they're making an argument from the perspective of sovereignty, right, that these products undermine their ability to control what they perceive to be their currencies. If you are a dollar backed product, the United States is going to have opinions about what you do with treasury bills or however else you're representing. That's where if you are Euro backed product, same thing for the European Union. So they're worried about what does this mean for our cross border control and they're worried about consumer protection, because one of the big things that happened in 2022 is the crypto institutions that everybody thought. Looked like things you could trust turned out to be less than reliable. Those are social contract ish, but also very macro problems. I'll start with the latter, which is the transparency and disclosure our hallmarks of sound financial products. And I think first of all, the good news about products like USD C is that they have always been issued under a very rigorous regulatory framework for electronic money in the United States. And that is a framework that has made it both possible, but also allowed individuals to feel comfortable transacting with things like PayPal and Venmo and Apple Pay or stripe or cash app, all of these software innovations that are payment system innovations are all grounded under these electronic money transmission rules. And those rules are very specific. You have to hold one to one in stored value for any of these electronic representations. And if you don't, you're breaking the law and you're examined on it and the regulators are looking at where's the money, show me the show me the data, et cetera. Now we've gone above and beyond that. So we are regulated under that framework. But we've gone to greater lengths for transparency because people get more freaked out in crypto. Let's just be honest. So monthly, incremental attestations that are from major accounting firms were now at a point where we provide for substantially all of the USD C reserves. Daily reporting on every single short duration T bill that is in the reserve. And so there's increasing transparency. And I think what you're seeing around the world is regulators are saying, yes, we need very low risk, highly liquid reserves. You need reporting and you transparency. This is what these are allowed to do. Largely follows the way we operate. But that's good because it'll sort of make these unknown safe instrument that people can use in different currency zones and around the world. So that piece I think is being addressed and there needs to be more and we could come back to that. There needs to be, in my view, federal statutes that sort of define the requirements of being one of these digital dollar issuers and as chairman Powell likes to say, that is the dollar money creation. And so that's a federal banking like activity. It's not lending, but it sits inside of the risk and Prudential supervisory requirements of the core money and payment systems of the country. And you're seeing that replicated in the EU law in the UK proposed law in Singapore and Hong Kong other places. So we're seeing normalization and so in 2023, we're going to, I believe, see consistent stablecoin regulation passed into law and go effective in 2024. The SEC has alongside other regulators, kind of taking the position that one, they're not necessarily going to say new things about why they're paying so much attention to everybody. They're going to double down on some of the previous things, but we've also started to hear especially in the U.S. from other kinds of senators that actually we do need new things because we need to be thinking about crypto and we need to be thinking about stablecoins. Both as money and also as technology. And within technology you mentioned that the need for privacy. The need for guidance around which types of countries you can operate in, what you can do, even just like representation of how you do different products, when you look at the regulatory landscape right now. What are the biggest things that you are seeing that are, you know, however you want to characterize them existential threats, opportunities, challenges, to get to the sort of utopian ecosystem that you're describing. The highest priority from regulators has been, how do we make sure that businesses that are providing services using what regulators called virtual assets that they follow, know your customer procedures, any money laundering procedures, and try and kind of don't be Ponzi schemes, the basics. Yeah, so and having firms need to register with a competent regulator or who's going to do background checks on the operators and who's going to do periodic examinations. I think you're seeing a lot more focus on what I'll call the enterprise risk side of this, which has to do with the safeguarding itself, what kind of legal structure exists around the safeguarded assets are they bankruptcy remote from the firm that's operating it. So things that have existed in other custodial spaces you're starting to see come into this space and clearly with some of the things that we've seen happen, that's
Bloomberg Crypto
"allaire " Discussed on Bloomberg Crypto
"Jeremy, welcome to Bloomberg. Thank you. It is a pleasure to have you in the podcast studio at what we can describe as a fairly interesting time for stablecoins, stablecoin issuers, folks working in the crypto space. It's always interesting in crypto land. So tell our listeners who you are. So I'm Jeremy allaire. I'm the cofounder and CEO of circle and circle is a issuer of a stablecoin as we'll talk about more, but it's a company that I cofounded ten years ago to build a new layer for how money can be stored and used and accessed on the Internet. So you're almost as old as Bitcoin. Yeah, I mean, almost as old as Bitcoin, yeah. The reason that I asked that is because sometimes when folks hear crypto, they will thank immediately of a Bitcoin or an ether, some of them might think of a non fungible token or a board ape. It's reasonable to say there are fewer people whose minds immediately jump to a USD C, a stablecoin like yours. Where do stablecoins fit in that overall crypto ecosystem? One thing to note is the most widely used digital currencies are stablecoins are dollar based digital currencies and I think the important thing to maybe sort of step back and realize is crypto just stands for cryptography and the methods that became available with advancements in cryptography made it possible to solve problems on the Internet that weren't possible to solve until really recently. Like the last ten or 15 years, the Internet is a medium where there's a lot of hacks. There's a lot of data issues, cybersecurity issues. There's cyber threats and there's no underlying basis for knowing what's true what's false. We've seen that proliferate in things like social media. And so cryptography allows you to verify data in a cryptographically approvable way. In other words, that's a fancy way of saying, in a mathematically certain way, one can prove something. And so the birth of crypto, the category is really applying the advancements in cryptography and mathematics to be able to be sure about certain pieces of data and transactions around that data and to do that on the public Internet to do that as a kind of shared good on the public Internet. And that's really the breakthrough innovation of crypto. What is the problem that circle solves and who are they solving this problem for? When we founded the company ten years ago, approximately our vision ten years ago was, we believe that there could become a protocol for dollars on the Internet. How do I take my computer, my device, and connect to an information source that's out there. So the idea was, wow, what if I could have a device and I could connect to any other device and the protocol would be something that could kind of carry dollars and do that like we carry data on the Internet. So that was the big idea. And technologically it wasn't possible for the first few years. We tried to build ways to make it possible using Bitcoin, the technology layer of Bitcoin. But eventually 5 years in, so now 5 years ago, we were able to invent what is now known as USD C, a dollar digital currency. And the goal was exactly that. How do we create something that allows for dollars to be issued as digital currency units that can then float around the Internet, just like an image file or a text file, but with the certainty that any individual token is unique, can't be counterfeit, and then has all of the superpowers of the Internet kind of applied to that medium of exchange, which is I think really the heart of this, which is, hey, the Internet's got superpowers. How do we give those superpowers to the dollar? And so that's where we built up over the last 5 years, and so really runs that infrastructure of USD C and we're regulated as a global payment technology company and we store any dollars in a safe and transparent way. Literal safe. Well, Bank of New York Mellon holds the treasury bills in their custody and they got $25 trillion of assets that they're holding and BlackRock manages the tens of billions of dollars of treasury bill liquidity buying and selling those on our behalf and then publicly traded banks in the United States hold in the aggregate about 20% of the reserves in cash. And so a USD C token that you hold is always redeemable for a dollar and it's backed by the most reliable dollar assets in the world. So we do that and the important thing though is that once that person has a USD C token, they can transact it and transmit it, just like they transact and transmit information and data on the Internet. You have a lot of folks who are like, why would I need some kind of crypto E coin when I have Zelle or PayPal or Venmo or I can do a swift transfer from my bank, what is the actual specific use case that isn't being solved by any of these more traditional or even more recent financial technology innovations? There are huge problems today with the way that money works. Money, almost all forms of payment live inside what I like to refer to as walled gardens. There's a zell walled garden, and there's a Venmo walled garden. What if you want to send a $100,000 transaction over Zelle or PayPal? You can't do it. What if you want to send a $1 billion transaction? You can't do it. What if you want to send a dollar transaction? You can't do that because they have too many embedded costs. Now, what if you want to send value from Venmo to someone who has revolut in Europe? You can't do that. What if someone has grabbed in Asia and wants to pay someone in Africa, you can't do it. So you have all these walled gardens. They tend to be narrowly defined around small value transactions in a closed loop system. So compare that to the Internet. I have a mobile device. I have a messaging app. I can reach anyone in the world. What digital currency does? What things like USD C do is basically say, any device endpoint in the world can connect to an open network and transact at the speed of the Internet at a very low cost with very high security and privacy assurances. And can do that directly. Counterparty to counterparty. And that makes it possible to transact with anyone anywhere in the world at the speed of the Internet with that efficiency. There are a lot of people in a lot of countries who can not access certain websites or can not even access the public Internet at all. And there are criticisms right now of products like crypto very broadly and stablecoins in some cases in particular, because the reason that it is hard for you to send a $100,000 or a $1 billion is because there are a lot of people who have questions like where did you get that money from and how do we know you didn't steal it? And so stablecoins are finding themselves at a particularly pointy end of a regulatory stick at the moment where folks are asking questions like, well, how do you make sure that those counterparties are, who they say they are and how do you make sure that in an environment in which Russia is facing sanctions from most countries in the world, the person or the other end of that $1 billion transaction isn't someone in the sanctions list somewhere. The invention of digital cash that exists on the Internet is a big deal. It's a really big deal. And I think people and businesses when presented with a product of digital cash that has the safety and soundness and assurance of U.S. T bills and cash that has the medium of exchange properties of the Internet. That's going to be far preferable as
The Crypto Overnighter
"allaire " Discussed on The Crypto Overnighter
"Myco could be weakened if companies try to serve EU customers from unregulated places. McGinnis referred to these places as sunny places for shady people. This was also mentioned by not the head of the financial stability board. In 2022, many big crypto firms fail, including FTX, terraform labs, Voyager digital and Celsius network. This could actually prove to be fodder because this could help McGinnis and her efforts to regulate crypto. She said that the examples of these failures show that crypto problems can happen anywhere and that it's important to work together to prevent them. McGinnis said some people were attracted to crypto because they were excited about the technology and they didn't trust traditional institutions. She said some people got carried away and lost control and that this resulted in negative consequences. She also said that there's still ongoing debate about whether there's a problem with crypto inherently or if it's just a problem of business mistakes made by people with good intentions, which is a valid point because crime is crime, whether they use web two or web three, whether they use a gun or they break into your wallet. Crime is crime and should be treated as such. That said, you don't take good tools away from good people to prevent bad people from doing bad things. Anyway, she also added that crypto people can make big business mistakes that can negatively impact individuals and the financial system. McGinnis said that even when Micah takes effect in 2025, it will not be the end of crypto regulations story. She added that the crypto field is constantly evolving and that regulations will have to be adjusted as it evolves. She also said that it's important to be careful when regulating new areas such as DeFi, which is not well understood yet. McGinnis said that it's important to understand these new areas before regulating them and warned against acting too quickly. McGinnis suggests that one way to regulate crypto is by testing new developments in sandboxes before making them widely available. This approach has been used by the EU
The Crypto Overnighter
"allaire " Discussed on The Crypto Overnighter
"Here, encrypted, it's 10 p.m. Pacific time, my name is nicodemus and welcome back to the crypto overnighter, where we take a nightly look at the crypto NFT and metaverse space, and keep in mind nothing in this show should ever be considered financial advice. And it's 10 p.m. on Thursday, January 19th, 2023. It's Friday eve, so let's go. Busan, South Korea will create a digital exchange for buying and selling goods. So this platform is due to stand up this year and will offer tokenized versions of things like intellectual property rights, gold and precious metals, ships, real estate, that sort of thing. The exchange will use the city's strengths such as the Busan International Film Festival, and G star. The Busan digital asset exchange will be created by working with domestic financial companies and other digital asset exchanges. They will also create a system to support transactions on the exchange. It will be different from other exchanges in that it will have a decentralized structure that will help protect investors and promote innovation in digital assets. The Busan digital exchange plans to separate the responsibilities of deposit settlement, listing evaluation and market monitoring among different institutions. Similar to how stock trading system works in South Korea. The regulations for the exchange will be designed as to be competitive to those in Singapore and Abu Dhabi. They will also consult with financial authorities and actively provide input on a digital asset law being considered by the National Assembly. The committee is working at setting up a company for the exchange in February and will begin testing the system, and to be clear this is separate from metaverse soul. That's a separate project that was announced by the sole city government on January 16th. Jeremy allaire, the CEO of circle, thinks that the U.S. Congress will focus on regulating stablecoins this year. He said that stablecoins are easy to regulate and are a basic part of the crypto industry. Now circle is the crater of USD C, USD coin. And that's a stablecoin that's linked to the value of the U.S. dollar. And you guys might be thinking, well, you don't have to tell me it's linked to the U.S. dollar. It's a stablecoin. As we're finding out more and more places are standing up their own versions of stablecoins that are not denominated in U.S. dollars. But at any rate, there are more than $43 billion worth of USD C tokens in use. That means it's the second largest stablecoin by market value. The CEO of circles said that stablecoin usage is increasing and that lawmakers around the world are recognizing the potential of stablecoins. He believes that in this year, stablecoin issuers will become more common in many countries.
CoinDesk Podcast Network
"allaire " Discussed on CoinDesk Podcast Network
"So news came out this morning from USD C stablecoin issuer circle. They were calling off their plans to go public through a special purpose acquisition company that would evaluate them at about 8 billion up to 9 billion depending on when they were announcing they're going to they're going to wait on that. They're not going to do that. That's been canceled. And that's what was announced this morning. Some interesting nuggets in their announcements, a nice thread from CEO Jeremy allaire, among other things. But them going public at least through this back is currently on hold. We'll talk about potentially why, right now. Jen, what are your thoughts? Yeah, I think it would have been optimistic to think that circle would have been able to get to this IPO by the end of the year. Just given the scrutiny that's on stablecoins and the industry because of the events of the last few months, I know in the announcement they said that it was just a lot to get through with the SEC as the SEC kind of becomes a little bit stricter with the application process. So I am not surprised that this IPO is paused and I'm not surprised that the hoops that they need to jump through with the SEC are maybe a little bit tighter than they thought. That said, I agree with Jeremy Laird's Twitter thread. I thought that it was great. He said that stablecoins will play huge part in offering utility value. It made me think back to when we spoke about the World Economic Forum that happened a few months ago, stablecoins were really a big topic of conversation there, especially when it came to remittances. So I don't think this is bad for stablecoins. I'm not surprised. I think stablecoins will continue to push the crypto narrative forward when it comes to mainstream adoption. And so I read this and I thought, okay, not surprised, but here we are.
CoinDesk Podcast Network
Stablecoin Issuer Circle Scratches Plan to Go Public
"So news came out this morning from USD C stablecoin issuer circle. They were calling off their plans to go public through a special purpose acquisition company that would evaluate them at about 8 billion up to 9 billion depending on when they were announcing they're going to they're going to wait on that. They're not going to do that. That's been canceled. And that's what was announced this morning. Some interesting nuggets in their announcements, a nice thread from CEO Jeremy allaire, among other things. But them going public at least through this back is currently on hold. We'll talk about potentially why, right now. Jen, what are your thoughts? Yeah, I think it would have been optimistic to think that circle would have been able to get to this IPO by the end of the year. Just given the scrutiny that's on stablecoins and the industry because of the events of the last few months, I know in the announcement they said that it was just a lot to get through with the SEC as the SEC kind of becomes a little bit stricter with the application process. So I am not surprised that this IPO is paused and I'm not surprised that the hoops that they need to jump through with the SEC are maybe a little bit tighter than they thought. That said, I agree with Jeremy Laird's Twitter thread. I thought that it was great. He said that stablecoins will play huge part in offering utility value. It made me think back to when we spoke about the World Economic Forum that happened a few months ago, stablecoins were really a big topic of conversation there, especially when it came to remittances. So I don't think this is bad for stablecoins. I'm not surprised. I think stablecoins will continue to push the crypto narrative forward when it comes to mainstream adoption. And so I read this and I thought, okay, not surprised, but here we are.
AP News Radio
Mahomes, Chiefs cruise, clinch AFC West crown
"The the chiefs chiefs of of wrapped wrapped up up their their sixth sixth consecutive consecutive AFC AFC west west crown crown and and improved improved to to eleven eleven and and four four with with the the thirty thirty six six ten ten route route of of the the Steelers Steelers Patrick Patrick Mahomes Mahomes threw threw for for two two hundred hundred fifty fifty eight eight yards yards and and three three touchdowns touchdowns with with Byron Byron Pringle Pringle accounting accounting for for two two of of those those scores scores Clyde Clyde Edwards Edwards Allaire Allaire had had a a touchdown touchdown run run for for Kansas Kansas city city before before leaving leaving early early in in the the second second half half with with a a collarbone collarbone injury injury Pittsburgh Pittsburgh fell fell to to seven seven seven seven and and one one and and further further behind behind the the bangles bangles in in the the AFC AFC north north Ben Ben Roethlisberger Roethlisberger threw threw for for one one hundred hundred fifty fifty nine nine yards yards with with a a meaningless meaningless fourth fourth quarter quarter touchdown touchdown for for Pittsburgh Pittsburgh he he also also threw threw an an interception interception and and lost lost a a fumble fumble on on the the ferry ferry the the chiefs chiefs of of wrapped wrapped up up their their sixth sixth consecutive consecutive AFC AFC west west crown crown and and improved improved to to eleven eleven and and four four with with the the thirty thirty six six ten ten route route of of the the Steelers Steelers Patrick Patrick Mahomes Mahomes threw threw for for two two hundred hundred fifty fifty eight eight yards yards and and three three touchdowns touchdowns with with Byron Byron Pringle Pringle accounting accounting for for two two of of those those scores scores Clyde Clyde Edwards Edwards Allaire Allaire had had a a touchdown touchdown run run for for Kansas Kansas city city before before leaving leaving early early in in the the second second half half with with a a collarbone collarbone injury injury Pittsburgh Pittsburgh
AP News Radio
Lamar Jackson Finally Leads Ravens Over Chiefs 36-35
"Lamar Jackson rushed for two short touchdown runs in the fourth quarter in the ravens defense recovered a Clyde Edwards Allaire fumble late as they hung on to beat the chiefs thirty six thirty five Jackson rushed for a hundred and seven yards on sixteen carries he threw a touchdown pass but was intercepted twice both times by Tyron Matthew who took one thirty four yards for a score look at crazy when I like I said to to pick first quarter one for basic is like already might lose again you know but we we had only known to stay focused on my team like I said it's the women's bathroom homes threw for three hundred forty three yards and three touchdowns and had a costly interception Travis Kelsey caught seven passes for a hundred nine yards and a touchdown on marquise brown hauled in six balls four hundred and thirteen yards and a score Craig heist Baltimore
Arrowhead Pride
"allaire " Discussed on Arrowhead Pride
"Except for mike. Remers was in for that one. Play the the tackle eligible play that the browns blew up The other interesting thing that i think we saw in the Was at running back. Where obviously Clyde edwards layer was the bell cow the offense but he was on the field for the same proportion of running and passing plays. We haven't always seen that. Sometimes we have seen the lead running back Used more often on running plays on on passing plays but edwards allaire williams and jerick mckim mckinnon behind him. All were on the field for pretty much. The same proportion of running and passing plays so what that tells us. Is that the chiefs. also andy. Reid is is reading your snap count article. I want you to stop for really. What what this tells us that at least for this game the chiefs weren't putting specific running black out there on the field in a passing situation because they felt that the normal running back couldn't handle it so this suggests that they are trusting edwards hilar- as a pass protect your protector and also that they're using him in the passing game more than they would have in previous seasons that the interesting takeaways. Yeah i love when the data matches the press conference because some you get of them. Are you sure that you really trust clyde edwards. Allaire pass for the numbers. Do show that. I thought it was interesting. Here john with the damarcus robinson number we were wondering with cheese finally replace robinson and some of the snaps that he got with byron pringle but look like it was in the forties to what byron pringle having eleven or twelve snaps their right. Yeah and and again you know you pay attention to how they are used in running in passing situations which we can do with the data that we get to do this which is different than what the nfl puts out in the game books. Which is what you typically see Both hill and And robinson were used pretty equally on running and passing plays but the reserve wide receivers were used mostly on passing plays so You know what that tells you. Is that hill. And robinson or the starters at this point and everybody else is behind them yeah interesting. I really didn't expect that and watching. Training camp at the chiefs continued to trust robinson. Who for years. The coaching staff would complement adds to knowing the playbook so again we are speculating here. From pro numbers but iron pringle. Who knows if maybe he has a complicated time learning what would be everything. Robinson does a mccoll hartman actually had less snaps robinson. I know that john you're still working on the defense. But pulling up the game book. I thought it was telling both from a year-by-year comparison bolton the gay and then bolton a neiman just in general you don't have willie gain this game bolton out snaps ben neiman forty five wardi and was that the coaching staff really had trust and really saw enough to throw him into the fire in this game right and i think when we finally get the snap counts. Data accumulated in britain on era had pride. You're going to see some interesting breakdown. How those linebackers were used and running versus passing situations. But we haven't gotten there yet I'll pull back the curtain a little bit. Normally we get this information. This detailed information that we use for our snap counts analysis on the day after the game but for reasons that are yet unknown to us. It's been delayed this year and we are. We are arguing with the nfl out sooner for the alexi week while we're complaining about the nfl. We have a wide variety of individuals as part of this arrowhead pride team. Ron cop lives in america. Tom childs from the uk. And tom has access to the all twenty two at this point. But ron or lead analysts still dealing with the broadcast film. What is going on. Nfl what is that about. This worked out in the preseason. what are we doing. nfl okay. That's enough complaining about the league. Ron has one advantage that tom doesn't because tom iran was actually at the gain accent. Oh yeah because it which. Tom of course was not living in in london. But ron was not only at the game but he actually appeared briefly on television Which was very funny for us. Because in our little private slack chat among the arrowhead pride staff it blew up the minute he showed up on. Tv was that ron cough and it turns out that it was. I believe they've been discussing us on twitter. So if you wanna see wrapped up in fan form. Great analysts for us but went full fan on sunday is jumping around at the game. Port of what was a very loud arrowhead stadium that really affect game especially on that punt. Perhaps we'll get into that in our marinated takeaways in segment. Three ron came at me after the game. Game ends about seven thirty. Says i'm i'm thinking about writing an article tonight that i didn't hear from him and he told me that he got food poisoning from the arrowhead stadium. That video on. Cbs did not look like someone would food poisoning. Luckily rhyme can't comment on this until next week sarah had pride of structure. Sure he'll say about that but he does a great job. He had a great article for a sporting Discussing What was chris. Jones's comments about this game. Mike use his comments about this game. And we love ron. Great member of our party is indeed. Yeah okay that's it for the news not really a ton of breaking news early on in.
What Bitcoin Did
"allaire " Discussed on What Bitcoin Did
"They signed a block and they take tons proposing blokes oppose redundancy purposes Looks right so the way. I'm seeing liquid now is like partitioned lay on top of bitcoin where i partition some. Bitcoin holdem liquid bitcoin and that just enables me do a few more things which are quicker and faster and allows you to be able to build serves on top of it so it kind of makes sense to me so no one had just get back into the token censorship. Just talk a little bit more about that. So these tokens aren't equity in a business. Am i right. What what are these security tokens they can be equities in is so with liquid with bitcoin. There's one asset this bitcoin on the chain with liquid multiple asset type. So what we do have our stable coins like us. Canadian dollar And so you can issue your own assets you can have game. Currencies to so infinite fleets game currency is going to be a crypto asset on the liquid network. And like you mentioned earlier you can have teases as well which is just like a single issuance of one asset there. Just one off issuances so you can do a number of things in liquid that you can't do with bitcoin and for some things like tease. Those would not be very practical on the lightning network. Either because if you think you can do a token On rgb but then you only be able to open a channel with. We opened the channel and we were nfc back and forth between ourselves. And that's the only thing you can do. Because as they are non fungible. You can't really wrote them through the network to say adam. So liquid enables a lot of these use cases. Now for security tokens We need allaire permissions on that. So we're using this platform. We built called block amp or asset management platform which creates a to of multi for these types of security tokens or tracked assets. And we can touch on that later. But for security tokens you need to create things like a white list You need to be able to freeze funds in case of theft or whatnot but you need a layer permissions on top of it to to effectively manage them. And that's what we can accomplish now. So you have permission this assets liquid and then you have. These kind of assets are good for security and they can be equity in the company so For infinite fleet deck so token is almost like equity. It is Profit share and representations of equity in case there was an emmy or liquidity event down the road. And then you have things like i annex Which is just pure profit share. I think they're forty percent profit share. But you can also do vm. In which we can get into a bit later and also bonds so bonds or something. We're talking with el salvador on as well Any anything that is a security can be done on liquid. And it's far superior to other chains because we have that confidentiality that adam touched on I think confidentiality and privacy is a big part of any financial system. You don't want to be front run. You don't want to have one seeing what you're doing or transacting but we do have the option to providing unbinding key so that you know if you and transact and for your business purposes need to show an auditor you can provide an unbinding key and they can see. A third party can see that transaction. That's also used in some of the decentralized peer to peer trading platforms huddle. But it's a new new landscape for us to do..
thebuzzr pod
"allaire " Discussed on thebuzzr pod
"Needed some kind of help. See the music video kind of tells the story of someone who's maybe got to deepen alcohol with truthfully the song. It's it's deeper than that. Yeah has it has deep meaning. Yeah egyptians started falling off the Is the anything. it could be addiction. Whether that's drink with drugs it could be depression. It could be relationships. Whatever whatever it wants allaire is very universal. Absolutely work at a listen to rest sky morning And me as student needs only.
Trapping Today
"allaire " Discussed on Trapping Today
"Oh in the hybrid just depending on what you wanna look at or what type of you you feel like having so in the bottom right of your phone screen. You're gonna have a a square there. There's actually two squares and we'll talk about the lower one just a minute but the top square on the bottom right corner of the screen Says it it'll it'll say either sat h. y. b. or Topo and that's gonna tell you what you're looking at. You just tap on that in the screens gonna come up. The bottom of the screen gonna come up with three options satellite hybrid taupo and you just tap on the one you wanna use in. Its instantly changes over in. You've got that view. So that's that's really slick it's pretty Pretty simple and and very convenient to be able to go back and forth like that now. In addition to the three base map options you you're going to have something called layers in a layer is just an added Data set with information that's physically gonna be displayed on your map If you choose to have it there though layers are i. Guess you can. you can consider Say the topo map. Allaire are the the contour lines sort of like a layer but these layers are typically can have very specific information that is discreet based on its spirit. It's particular to a specific area of interest. So if you look at the bottom bottom of your phone screen you're gonna see actually not quite to the bottom. You're gonna see a scale that's going to show you that the distance on the map so it's just like having a traditional map with the scale on the bottom and as you zoom in and out that scales going to adjust for you. It's also going to give you your latitude and longitude as you move around on the map..
This Week in Startups
"allaire " Discussed on This Week in Startups
"Okay we've got a really unique interview. I've never heard of any company that is going to do what today's company in the interview is going to do. Which is they're going to disband after they complete their mission. Really crazy dough. Kwan is the co creator of tara. He's on the program today. It's a stable coin that is not pegged to the dollar but rather another cryptocurrency called luna and again his. He's created a decentralized stable coin. Unlike tether and jeremy allaire circle a us dc. This one is not controlled by anybody or any central authority. Which makes it really fascinating. And if they complete the project then they disband the company crazy interesting. This is a really interesting cat is. He's based in korea. I believe the company is based in singapore. Show we get a little bit more of a global look at stable coins today. Germany is coming on the program. The tether folks Are still in hiding. The ceo and cfo are still mia. They're not doing any press. And the cto and the general counsel are not coming on the program. It seems Because i think they're scared of questions. I would ask them so before we get to that interview with doe quan. I want to talk about three really important stories to see. Cpa's weighing an unprecedented penalty on dvd. After they ignore ignore chinese regulators instructions about where to go public and twitter's testing thumbs up thumbs down just like read it and dig in the early days for some ios users. That's going to be fascinating and in the uae. Drones are zapping clouds with electricity to create rain. What impact could that. Technology has on california and other places where wildfires are going crazy. and we have droughts. Maybe we could get an extra two or three weeks of skiing in tahoe more fresh pow pow and we put out fires that have been raging through northern california napa etc. Stick with us. It's going to be a great episode this week in startups is brought to you by dell's xps products were built with entrepreneurs in.
Arrowhead Pride
"allaire " Discussed on Arrowhead Pride
"You know it in the same year. I'm not banking on it. If i was betting on it. I think i'm still eat to nine hundred range from coal but that's still a marked improvement over. Worried was last year and factoring in that seventeenth game. So is a lot to ask. I don't even really wanna talk about clyde Getting a thousand yards receiving. I think it's entirely possible. But i i think i think most likely edwards laird is going to be shooting for and i'm hoping for two thousand combined yards so that's something like fifteen hundred rushing five hundred receiving something like that. That is more realistic though. Sound like big numbers if you look at what he did last year. It's not that far off. Bring some numbers into this to kind of to put some context of this. So i like what you said about cloud getting into two thousand total so westbrook. Brian westbrook back in the andy. Reid eagles days. He had three separate occasions where he got to about. Seven hundred yards got to six ninety nine one year seven three one year and actually i got to seven hundred seventy one one year and now it's a different. Offense is different times. Obviously but i do think that kind of tells you that there is a cap to how much the chiefs are able to get the to the ball to the running back in the past game. The most he ever gotten with a chiefs back with six hundred ninety three jamaal charles in two thousand thirteen and so i think there is a cap to that but it does get kinda tell you that clyde could get into that seven hundred range were thirteen hundred hundred rushing yards and also news at two thousand. Yeah i could see that happening. Another argument that people have made against it is that patrick. Mahomes is not a shutdown. Thrower is not throwing a running backs in the same way previous chiefs. Quarterbacks have Previous other quarterbacks in the league might but i also think that there's some story that mahomes has learned from the way defenses have have been able to have some success against the chiefs team in taking more. What what the defense is giving you and to me. That all points at clyde average allaire again i hate focusing too much on the super bowl but i think it's had a lot of opportunities a lot of yards left on the table in that game because she's were looking for Receivers down the field and they just didn't have time to get it to them or they weren't open and one more thing on this before we go to break i. I will say. I'll make the case for hardman to get there. Two thousand real quick so two thousand nineteen. He averaged thirteen point. One yards per target right end. The average home in the three hundred homes has been the starter in the three seasons. The averaged third leading receiver on the team has averaged sixty nine targets per season. Increase a seventeen games at seventy three targets. You go thirteen point. One yards per target.
The Breakdown with NLW
"allaire " Discussed on The Breakdown with NLW
"What about reactions in the community. Well circles jeremy allaire perhaps not surprisingly argued in a thread that one stable coins are here to stay to. of course that means there should be regulatory leadership. but three at doesn't mean stifling. The space out of some unfounded fear quote there seems to be an emerging consensus view. Outside of extreme academic positions that private digital currencies and stable coins are here to stay in likely to become global scale stomach parts of the economic and financial system the speed of adoption of dollar and other fiat digital currencies appears headed for exponential versus incremental adoption and should achieve mainstream scale far ahead of any cbc projects in most parts of the world. It's not only appropriate but critical for national governments and regulators to take a view on this just as they are in other areas of exponential tech taking view in determining policy should be journey of learning. And it's crucial that the president's working group and related agencies not simply try to fit a square peg in around whole the pace of innovation the space is astounding has the potential to impact the world on a scale far greater than the impact of the information and communications revolution of web. One web. Two patience is a virtue web. Three breaks a lot of molds. This moment of engagement offers an enormous opportunity for leadership by both the government and the global digital currency industry for the us government the leadership opportunities to embrace. It enable an open competitive field and financial infrastructure innovation on the internet. Much like was done in communications with the nineteen ninety-six telecommunications act. Don't try to out china. China for the digital currency industry. This is an opportunity to step up and engage in foster constructive dialogue with important policy leaders. This is a process not a meeting and it will very likely ultimately take years to get things right. We remain committed to engaging in helping the us find a path forward for stable coins at global scale now. This wasn't the only circle news however mastercard announced a pilot test. Us dc as settlement currency it specifically around crypto businesses but still could make the crypto to fiat conversion the easier but the bigger thing is that circle followed through on a layers. Promise from a couple of weeks ago to have more transparency around their reserves. John paul coning. A monetary researcher and writer who has no crypto moon. Boy tweeted quote great news. Us dc's latest attestation. Report has a full breakdown of its investments and plenty of explanatory notes to help address further questions in terms of transparency. The other stable coins. Now have some catching up to do. So the reserves of the twenty two point two billion dollars of us dc out there include sixty one percent or thirteen point four billion in cash and cash equivalents. Thirteen percent or two point nine billion in yankee cds twelve percent or two point seven billion in us treasuries nine percent or two billion in commercial paper five percent or one point one billion corporate bonds and zero point two percent or zero point one billion dollars or about one hundred million dollars in municipal bonds and us agencies importantly unlike the tether report for example they also give a bit more information about what they mean when they say something like commercial paper they define it as unsecured debt obligations of corporations and financial institutions with original maturity's between ninety one days and.
CoinDesk Podcast Network
"allaire " Discussed on CoinDesk Podcast Network
"I was thinking maybe i would just have to not have a show but a couple of weeks ago. I hosted a webinar with circle for coin desk. The conversation was about institutions coming to defy. I've said before. And i'll say it again that ultimately for me the breakdown is a show about power and the reason that i focused more on than other parts of the crypto markets is that i think bitcoin has undeniably taken a seat at the power shift table. I've been watching however to see if defy in particular starts to take on a similar role at least narratives and discussions part of that is about how the government looks at it and this week clearly. We saw more focus from a regulatory perspective. On defy part of it is also how institutions these big traditional financial behemoths are looking at the space. I think the verdict is still out. I think it's still early. But i think that this conversation with jeremy. If you're interested in such questions is a really good primer and a really good snapshot of this moment in time now. One thing. I want to be clear about is that this was a paid partnership between circle and coined desk. This is not editorial content. It's sponsored content. But i also want to be clear that inouye was obligated to put this on the show circled. Didn't expect or pay for this to be a part of the breakdown. that's a type of sponsorship. I've never been comfortable with. It was entirely my decision instead to play this for this holiday episode. Because i was just genuinely enthusiastic about how the conversation turned out. If you have any more questions about that feel free to hit me up on twitter at an l. w. and i'm glad to answer them but for now if you are interested in the state of institutions coming into defy and the questions that remain. I hope you enjoy this. Conversation with jeremy allaire. Today we are talking about bringing defy to institutions and joined by. Jeremy allaire from circle. And i'm so excited to have you here. Jeremy how's it going. Hey it's good. I'm excited for this topic. The bull run that we are either in a pause of at the end of wherever you think. The market cycle is was so shaped by from a narrative unreal perspective the introduction of institutions in the space is something that we've been talking about for years and then it actually started to really happen institutions meaning a whole bunch of different things which i think is part of what. We're gonna unpack here. But i think it. Is this big question about what happens next as institutions dig deeper into the space. What are they explored. They'd stayed solely interested in bitcoin. And what might be built there. Is it just kind of treasury reserve asset for them or is there a broader change that crypto markets might signal and ship. So that's where we're going to talk about today and maybe to kick off. Let's talk about what we mean when we say institutions. Yeah this is a great topic. Something we're thinking a ton about and really timely you know. I think when people talk about institutions in in the context of crypto. They're almost always trying to make reference to sort of institutional investors right. So it's sort of. When do asset managers pension funds and endowments and all this. when did they come in. And buy crypto assets. That's sort of been the overall meaning of institutions when institutions. Get involved and that is that has been part of the theme here which is a few notable corporations putting bitcoin in their balance sheet or bigger and bigger financial institutions enabling trading of different cryptic derivatives. Or whatever that institute is interesting indicators are and that's one view which is institutional investing in the blue chip critics like bitcoin in their right. And if you actually look at what institutions are doing. That's a lot of now to me institutions. And i think we'll talk about this in the context of defied but to me the institutions is something much much much larger than that and it's essentially the question of will every corporation in the world every organization in the world connect to digital currency infrastructure. Will they connect to it and use it and use it. As a part of the way that they store value moved value etc. And will they use it as a capital market at the end of the day capital markets where we think of stocks and bonds adapt and all this sort of stuff that floats around corporate debt companies borrowing capital to fund building a plant. Or whatever you're doing and and so that's the real world like businesses interacting with the financial system which accounts for north mounted that's institutions and so to me. The question is when does that happen. When new businesses writ large institutions writ large. Actually begin to integrate to this and rely on this as part of their overall treasury and part of how they how they operate. So there's to me. There's two big things there's institutional investors in that's basically people who are essentially just long-term pct speculators traders whatever that would be in terms of that and then there's institutional adoption of crypto financial market infrastructure crypt treasury infrastructure crypto payments infrastructure for the actual business of business. So to speak so within that framework. Where i wanna go next is who's looking for what. And how defy offers that. But i think before that. I'd love to just get a sense of where your perception is of where people are on the adoption cycle. Are they allocating. Are they building. Are they on the edge looking in. Are they way far away. But they've got one ear tuned in this direction and maybe if there's different types of of these actors that fit kind of different parts of that profile just give us a landscape as we go into you know kind of more precise questions about what they're interested in. Yeah i mean. I think right now the interest from from business is fairly broad and it's fairly nascent. Let let's let sort of speak realistically here like there's been some high profile public companies that bitcoin on their balance sheets but it's pretty limited right..
Dressed: The History of Fashion
"allaire " Discussed on Dressed: The History of Fashion
"History to the four as a staff writer at vogue magazine and this is something that he continues to do and his new book which is dedicated to all the kids who feel like they aren't seen or heard and quote and christian reminds us in the book that close never just close style is not just the clothes on our backs. it's self expression representation and transformation. This book is a testament to the creed. Representation matters and as a young self-proclaimed fashion obsessed youth christian who is a jib way heritage says that he never saw anyone that looked like him never saw his culture you know featured or celebrated in the fashion magazines he so admired and he is actively working to change that both through his work at vogue but also this incredibly inspiring book all the people he features are a loud and proud reminder to young people to be yourself and you can have fun with address body while doing it and we are so happy to have christian back on the show christian back christian. Welcome back to dress. It's such a pleasure to see you via zoom again thank you. I'm so happy to be here. I am so excited to talk to you about your book. I just want to say first off. Congratulations this is incredible. Thank you so much. I want to hear a little bit about. What was your inspiration behind this wonderful book dedicated to quote all the kids who feel like they are not seeing or heard. Yeah i mean. I really wrote this book selfishly because i kinda hope i had something like this when i was a kid. That was really jumping off point Because you know. When i was a kid i was really interested in fashion and i knew i wanted to do that. And be a part of it but I never saw like indigenous culture represented anywhere you know. I would watch ashton television. I would read bogue. And i wouldn't see all this beautiful regalia that i knew was accustomed to and it wasn't being represented and so what that does is makes me feel really inferior or maybe even embarrassed of your culture and it really had a long effect on me like throughout my info and so i hope this book of anything just shows kids that there's other people like them out there who are really embracing their culture through style and that they should do that too. You know if. I read this. When i was a kid i may be wouldn't have shunned to my culture for so long you know so. That's kind of just went. Inspired me to write it. And i mean you're basically telling young people that it's okay to love yourself. It's okay to be who you are into embrace. You know your cultural identity or your gender identity or non-conforming gender identity. There's all these different people throughout this book. Who really speak to the power of style but the power of also being you and being yourself through dress and i was at your book. Launch party hosted by created emerick. Yeah and she of course is the past dress gas. She's one of my all time favorite designers and she said just like you did that. She really wished she had this book growing up. Because the way we dress our bodies is such a powerful medium of expression in. It's not always something that is easily navigated growing up and you write. This book is for anyone who has never felt represented who has felt inferior or less beautiful and he was questioned their roots in your interview with us. Last season you talked about how your cultural heritage has shaped year relationship with dress and it's only fitting the first section in your book is entitled my cultures kotei teacher and eleven yucatan about the significance of the ribbon shirt to gibb way culture and what did having years made as an adult teach. You saw the ribbons Is actually the first piece of regalia that i owned by traditional regalia My grandmother vida made me one when i was like a baby. So the tiny but It really was the first and only piece of regalia. I had for the longest time. And so i knew it was special ribbon. Shirts are used by a lot of different tribes. It's kind of universal piece of regalia like a lot of different tribes. Do it but in jim way culture. It's a special occasion peace so you really only wear it. You know if you're going to a pow or if you're going to like a really important of that and so as you know garage and kinda got more comfortable with my culture. I was like i need a ribbon shirt like this is something. That's so ingrained in our culture. And i need one as an adult kind of crazy but i don't have one and so you know really just with my mom and my aunt. We took not very first shirt. I had just recreate the only thing we changed. Were the colors of the ribbons. Because i wanted to represent my elders so i have all my mom's favorite color. My grandma's favorite color grandpa's favorite color. And so that kinda just like represents you know where i come from kind of like owed to that and then we added a crane on the backed representative crane clan and really it was based on that very first shirt because it was so special to eat so i kind of love having an adult size now and i love that in a way. You're really connecting with your younger self. That's that's really beautiful. And there's i went through a period when i was a teenager whereas wearing a ribbon shirt was the last thing i wanted to wear. I'd rather be caught dead but now it's like you know the one thing. I'm dying to wear to nevada so your book is targeted towards younger readers. Which is awesome. I of course not a young reader. But there's a lot i value in it and so you explore the style across five sections of the book. An where you introduced us to all of these inspiring individuals who incorporate this power into their own clothes expressions of identities identities that are often directly challenging societally imposed quote unquote normative standards of beauty. And yes this even translates into costumes. I loved i. Loved loved loved ear section. On 'cause play dress listeners will know. I'm like fascinated. I'm not part 'cause play culture but i'm fascinated by it but i'm just curious what made you want. Include a section on cars play and can you may be introduced us to a couple of the bad ass individuals feature the section. Because there's so many cool people smell like you. I'm fascinated with because the world's i'm also not a part of that world but Really a lot of the themes of the book. As i was just doing research was finding people who have in their own communities fell to be made to feel beautiful or barrier. And that's very much thing in 'cause playing which i did not know a lot of bay. 'cause playing conventions are competitions of these rigid rules about what you can dress baz Which i found kind of shocking. Like if you're plus size you need to be caused by his plus size character or if you're a female bear you can only do female characters and it was like. Isn't the whole point of caused playing stepping outside of yourself. Mike being creative. Why a binding rules are insane. And so that's kind of why. I thought it was a good fit for the buck. Because a few examples of people in their light someone like tranquil. Ashes is an amazing 'cause player. And she like you know goes against the whole gender roles. No she well do a male character. She'll do an alien she'll do a man not care and i think we need people like that. Who are going against the rules. So that is really.
Unconfirmed: Insights and Analysis From the Top Minds in Crypto
What Will the World Look Like When Crytpo Is Fully Adopted?
"What do you think the world will look like. Once crypto has been adopted. There's there's two sort of visions. I think i don't maybe we can just be honest ourselves. Sometimes i worry about the vision. We have for currency so aware. I started and i have a lot of respect for jeremy in the team at circle. Because back when i was in grad slow boston actually used circle to violate quinlan. So kudos huge you. Jeremy you saved me from my days for buying the clan on craigslist in using fan. So i could do how well yeah. So you obsolete neat stack my my sats. The early days of the coin The i think they're sort of two visions and they're two very different visions the vision. I've always had for bitcoin that i think. Really compelling one is the separation for the first time of money and state. Money has been object of the state since julius caesar stamped his face on a gold coin and i think really the experiment. We're attempting here like the world is no longer defined by physical orders. We live in a very digital world. Anyone could be anyone on. The internet has many different identities many different communities where part of sometimes as our default reality south. Sometimes where donnas you know there are a lot of eggs anonymous individuals citing. We live in this really interesting world that is truly becoming borderless antony. Bitcoin really represents the evolution of money transfer value in that world. But in the same time. I think governments are looking at bitcoin Right now we're living in a world where governments are trying to ban math. They're literally encryption. We done this time and time again. For the last twenty five years since incriptions existed but the advent of central bank digital currencies. In certainly what. We've seen in the asia pacific region in particular the advent of dc p. and Sort of national quote unquote digital currencies. You do have a lot of concerns around the ability for people to have financial privacy. Privacy transactions privacy communications so we have these two very different paths down which we're heading. I don't know if they're gonna coexist. Don't know if it's going to be an ethic collision and i know jeremy also you know than working a lot on uscc which which arguably has replay here. But i think the future of joe currencies in our society is sort of at this. Very interesting impasse. I want bitcoin to exist. Ideally people have the right to privacy that people have the right to sue committee in their transactions. But i think governments certainly do not like that and are advocating now for the antithesis of that which is central bank digital currencies and monetary systems that. Give them complete control the ability to exert financial censorship at every level of society. Driving up tacit. Tiv know early. There's so much there. I i guess i it just as a technologist The to the question of you know. When will this be mainstream or however you wanna call that my view is that you know. Things are mainstream in terms of technology when they disappear when they're invisible people and and when when essentially like people just take take them for granted right and said depending on your age and depending on where you are like. You might take for granted social media. But obviously that wasn't something that existed Wherever x. number of years ago you might take for granted that you have this amazing you know Supercomputer that just like that is reality. That is what the world was but obviously that had changed so at. What point is the use of crypto so ubiquitous and so embedded in so many things that we just take it for granted so were were. We have credited ago on that. But i think we're making really really strong progress. I think when. I also think about that question. I really think about Crypto and blockchain Is is. It's a pretty broad surface area right. You can be narrowly focused and sort of say there's non-sovereign stores value that use of blockchain infrastructure. You know bitcoin cash you know cetera et cetera which i completely agree with melting right. There's this this is this new form of borderless internet money and it will continue to grow and scale. And i'm i'm quite quite optimistic about that. But then there's the the fundamentals of the broader technology right so you know public chain infrastructure as effectively a new operating system layer on the internet. A new set of systems for storing data conducting transactions and executing code. That's what operates systems can help. Do these new operating system layers are very very general purpose in many respects there well suited to what i call fiduciary trust applications but can also be you know i. I was in a hackathon panel with melting the other day and we are looking at someone who built a decentralized messaging application on top of salona. The point being anti-centralized fantasy football fans in so digital games. You know messaging applications all these things on decentralized infrastructure web three cetera. Like that part of this is also a very very important part of this and so and you know something like stable coins like regulated stable coins like a us dc or potentially libra like these. These are also like apps that run on this new operating systems and could be quite popular. And so i think in terms of the question of when does that become mainstream. I think we're really close there. I think in the next twelve to twenty four months many of the most popular digital wallet products in the world that are used that we think of unused like as peer payments. And things like that. They're gonna turn on these protocols they're gonna turn these on and you're going to have you know all of a sudden hundreds of millions of people that can make interoperable payments at each other and that will kind of be in the background. That will be invisible. You'll you'll just you won't be trapped in making payments to people who then mo you'll be able to make payments between van mo and square cash and pay pal and swish in sweden and vips in norway. And you know go around the world to all these different apps. They're all going to speak. These common protocols in i think that's a a mainstream phase in digital currency. That's that's coming. I think ultimately that same number of people who might feel okay like i'm using euros or dollars or whatnot feeling comfortable using bitcoin that will grow to and eventually i would expect billions of people will will wanna use bitcoin to
First Things First
Le'Veon Bell Signs With Chiefs
"Levy on bell is headed to the Kansas City chiefs the defending super bowl champs signs of three time pro bowler to a one year deal big boost for that Kansas City offense they've been relied heavily on the rookie running back Light Edwards Allaire. Lady on took his excitement to twitter with this Kansas City chiefs kingdom. Thank you for the opportunity. Let's go Patrick mahomes followed it up equally as excited tweeting. Welcome my brother. Let's get
Epicenter
Camila Russo: The Defiant Laying Bare the Story of Ethereum
"Lows two jobs. When did you first hear about a theory? In twenty seventeen Crypto for Bloomberg the first time was when I grow kind of one of the first stories on ICO's for Bloomberg and I remember just like trying to wrap my head around what these things were. It's like Bitcoin, but it's different vigil currencies on Anyone can issue them on. They're on top of the other blockchain cerium and you know I was coming at crypto coverage from. A markets perspective. So I didn't have a lot of technical knowledge about how blockchain's worker crypto were or anything I. I understood the value proposition of bitcoin from having a cover like Argentina land but that was my extent of knowledge of it. So it was like writing that first. ICO. Story was I think when I, I started looking at a theorem for the first time, and then just like as I kept covering the space is for the rest of two thousand seventeen I started to learn more and more about understood. Okay. Syria is team like. But whites valuable. It's because it's it tries to be more flexible than than Bitcoin, and that's why it's easier for people to issue all these different tokens on top of it and so. That's kind of seeing all of this kind of frenzy around ICO's on these tokens on this like millions of dollars worrying in I was like there's something here you know. This kind of decentralized way of raising money and ethereal kind of the platform ebeling this. Back. In January, we interviewed Steve Kokinos and Sylvia mccully of Al and during our conversation, we talked about how unique design makes it easy for developers to build sophisticated applications on their platform. So what's great about Algorithm beyond the fact that it's fast, it's secure it scales and it has instant finality is the fact that they've designed Allaire one protocol with primitives that are purpose built for define. So what that means is that they've taken some of the most common things that people do with smart contracts and they've embedded them right in the system right in the layer one. So things like issuing tokens atomic transfers, these are built into the layer. One spark contracts are first class citizens on all grant. So with these essential building blocks at your disposal, you can build fast insecure defy APPs in no time. To learn more about what Al brings to the table and how to get started, I would encourage you to check out algren dot com slash epicenter that lets them know that you heard about it from us and it takes you where you need to go to learn about their tech. And what that we'd like to Algorithm for supporting the PODCAST? What point do you does one? Say I'M GONNA write a book about something that's never something that's ever crossed my mind or I think a lot of people's minds. What point you do you decide to write a book and then what is the process I mean forget about the process of writing the book. But like what's the process of figuring out what kind of book you WanNa Right because you could have written this book in all I mean it's very. Descriptive account of what happens it's mostly in the third person, you could have written a fiction you know you could have written. First hand account of your interviews what was the process for the creative process? I guess figuring out the of book you wanted to write. For background I always wanted to write a book like that's been kind of a goal of mine forever I got into journalism because I like writing I guess like growing up. One of my favorite books was in cold blood by Truman Capote and I think you know that was the first time I realized while you. You can write about real life like nonfiction in a way that reads like a novel and that to me was really powerful because. To journalism and especially business journalism, which is usually so dry. I found that okay stories can make vs very kind of complex dry concepts come alive if you tell them in the right way and so getting the the example from. Truman capote and then especially Michael Lewis exile. Kate while like this is a really powerful way of speaking about nonfiction and obviously I love fiction it's it's what I personally read the most. I disliked you know if I was ever to write a book, I would want to provided like value to readers by bringing something from the real world and making it. And read like story because I just thought you know there's like so many interesting stories in the real world you know that needs to be highlighted. So why should I like go on invent another story for my own imagination they're already so much to tell in real life at some point. I think it was probably when you get into the Bloomberg internship, they give you like of recommended readings and one of them was Michael Lewis Books I think it was liar's poker and so when I read that book, I, was like, okay like I need to find that story that I can pick up until like Michael. Lewis. His folks. So I was like always on the lookout for that like what can the story that I can tell in this way like in a something I can make into a nonfiction novel. And I think with Crypto was kind of the first time that I thought. Okay. This is this is where I needed to find my story to tell. I meant to say fictionally, I'm interested like a dramatized version like something a little bit more like. Of course, you could make fiction of the story of a theory, but like a something akin to the bitcoin billionaires book right whereas like this kind of more dramatized version of the facts. But like the way you wrote the book is like this very kind of factual account. It reads like a novel it does read like a story, but it's like very factual thing based on your interviews based on your conversations. When you're reading it you really get the idea like this is how things happened.
Messari's Unqualified Opinions
Stablecoins: The Big Picture with Circle CEO Jeremy Allaire
"Joined today by none other then the CO founder and CEO Circle. Jeremy Allaire Fun facts about Jeremy and his team. I believe one of the earliest applicants. The whole this was back in late. Two thousand thirteen at actually made through one of their board members and As fate would have a gentleman up name unders That I was considering starting a stable coin project with Way Back in two thousand thirteen hundred fourteen interviewed around the same time as I did and basically we came at around the same time and and I told him while they're gonNA make off wrong spot he said No. No no and sure enough. You guys made an offer unders left left and recently that he'll draw sorry recently he recently joined the sorry and you are now now focused on stable coins pretty much exclusively. So the the intersection there. over the course of the last six years of course there's there's been some uh some work in between between Baltimore with DC G. and some of the were yet while I was coined us It's been fascinating to watch circles evolution over time and data and I think the you're in a very good position right now on the US DC front triggered talk a bit about as it is emerging as as you know one of the leading contenders unders for what's going to be the dominant stable especially in the US dollar pegged a stable income to cover a lot of territory right now Or of course the next hour fled Germany. For for starters loved to get the quick background on you. I think some people industry no a little bit about your background Previous to to digital currency. But but let's talk about that just to to start and then the evolution of circle in your own is And then I'll maybe jumping with with a little bit of my thesis as as to where certainly goes from here and then we can talk about that around you can. You can tell me off. I am very often. It sounds fun but number you were you. Were a a a a very sharp early speculator about what we were going to be doing doing good when we were stealth back in twenty thirteen and early twenty fourteen. Yeah that's yeah yeah and You no I I think you even knew some of the internal code names. We had for different things which sort of talked aspirational about where we saw digital currency going and Yeah and we'll get to all that conversation insurance so kind of where things are today but yeah my yeah my background just for for people who aren't aware I've been working being in Internet platforms for a long time since the early nineteen nineties and I I had a background in kind of studying political economy global political economy And that's what actually drew me into the Internet in nineteen ninety and became kind of very very obsessed about what you could what you do with it and worked on multiple companies over the next. You know fifteen twenty years I think what animated those companies was excitement about the promise of open open platforms open networks permission lists access to open protocols what you could do with that information. Communication software software delivery media all these kinds of things. which were you know? I think critical kind of infrastructures built up on on the layers to the Internet from the early nineties through obviously still today And so I you know first. Business was really enabling programmers grammars to build software applications for web browsers which was quite novel in Nineteen Ninety Four nineteen ninety five Really empowering a new generation of developers to create software for new kind of model and to build kind of content applications as. We'd like to call them back Ben and that grew Into a public company and then eventually we merged with macro media one of the dominant Internet designing tools companies. And I was chief technology officer there and worked on FLASH PLATFORM BACK IN. This would have been in. You know. two thousand one two thousand two thousand three and at that time. Flash was the most ubiquitous piece of software on the Internet. Ninety eight percent computers had it. And you we could actually upgrade the runtime of the Internet in twelve of months because we could basically launch a new version of the player it was like a new almost like an operating system had a virtual machine. We were dancing programming language to do a lot more stuff than we had a set of ideas. He is that when you have broadband and Wi fi kind of lighting up which were just sort of happening end kind of user experience. The Internet could could be a lot more rich and we put underlying primitives into that platform for video and And that sort of sparked my my next like major ager passionate in which was in early two thousand and two sort of interested in you know how could you disrupt what is the television and and media distribution the newspapers coming online or magazines coming online but actually television on the Internet and started another company. Let's left macro media. Started another company called Bright Cove which is listed public company. Now J. Took public. I'm a little bit before starting circle and that was again a platform company so basically providing UH platforms for companies in developers. That wanted to you know use video do video distribution not just browsers mobile devices. TV sets all stuff. I'm and bypass the legacy system for media distribution kind of going over the top Which is the phrase that we used with a software in media communications and in a in those generations the Internet? Now you know I sort of think about things like stable coins is like we're doing an over the top Financial System by building it all on open open permission list network so it networks Protocols Deli platforms developers can build on And really trying to create a user experience money. That's really different different. But I'm the sort of a little bit of the thread that runs through it and I think in two thousand and twelve Had just taken breakoff public And like a lot of people around two thousand twelve became interested in and obsessed with cryptocurrency Not Not just you know bitcoin specifically but the broader kind of our that we could see back in early two thousand thirteen. Sean and I were batting around starting circle and Many many of the ideas that sort of animated the founding of the company on things that we imagined becoming possible are actually just just now becoming possible and so it's super exciting time in the industry. It's a super exciting time. I think also circle but it's a very exciting time for the industry where Yup many of the things that got us to found the company and belief systems about what could happen with the global financial system where you can actually start to awesome. That's emerging so that's a little background in a little bit on how I got to circle so we we glossed over Quite a bit of meet in the Middle Right in terms of Aware Circle started in where you've been last few years and when people see the focus today on Uscca the encircle pay is still integral to the wrecked it. Now so circle pay we We ended service on circle pay last year as a standalone service. So and I can talk to you the kind of which which which one of my thinking so so the the the the the current product suite includes USCC and Yes so right now we have the USD service which is available to individuals and institutions and businesses and then we have a whole new set of products that that were gearing up to launch guy. Soon