This Week in Bitcoin and Policy: Recent Episodes
This Week in Bitcoin and Policy
This Week in Bitcoin and Policy - 6. Bipartisanship in FTX Hearings, Capitol Hill Culture, Senate Bills Seek Regulation - 12.21.2022
Guest:
Grant McCarty, Co-Founder & Co-Executive Director - Bitcoin Policy Institute (BPI)
In this episode, we cover:
- What Grant has been hearing on the Hill and his take on D.C. culture
- The main points being raised by Congress in the wake of the FTX fiasco
- Senator Markey’s bill proposing emissions curtailment from proof-of-work mining
- Senators Warren and Marshall’s bill proposing anti-money laundering regulations on crypto broadly
- And a lot more…
Resources:
FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers: https://www.coindesk.com/policy/2022/12/14/ftx-hearing-in-us-senate-reveals-congress-doesnt-have-immediate-answers/
H.R.7328 - Stablecoin Transparency Act: https://www.congress.gov/bill/117th-congress/house-bill/7328
Senator Markey Introduces Legislation To Combat Energy-Intensive Cryptomining As It Strains Grid, Undermines U.S. Climate Goals: https://www.markey.senate.gov/news/press-releases/senator-markey-introduces-legislation-to-combat-energy-intensive-cryptomining-as-it-strains-grid-undermines-us-climate-goals
Warren, Marshall Introduce Bipartisan Legislation to Crack Down on Cryptocurrency Money Laundering, Financing of Terrorists and Rogue Nations: https://www.warren.senate.gov/newsroom/press-releases/warren-marshall-introduce-bipartisan-legislation-to-crack-down-on-cryptocurrency-money-laundering-financing-of-terrorists-and-rogue-nations
Grant McCarty on Twitter: https://twitter.com/grant_mccarty
Bitcoin Policy Institute on Twitter: https://twitter.com/btcpolicyorg
Rod @bitkite on Twitter: https://twitter.com/bitkite
This Week in Bitcoin and Policy on Twitter: https://twitter.com/ThisPolicy
This Week in Bitcoin and Policy - 5. Benefits of Bitcoin Mining, Epistemic Authority Crisis, Methane Mitigation - 12.14.2022
Guest:
Troy Cross, Professor of Philosophy - Reed College, Fellow - Bitcoin Policy Institute
In this episode, we cover:
- How information becomes policy
- How epistemic authority erodes scientific credibility
- Energy grid electrification
- Benefits of bitcoin mining, including methane emission mitigation
- And a lot more…
Resources:
Bitcoin Policy Institute Submits Comment to the White House Office of Science and Technology Policy - Authors: Margot Paez and Troy Cross: https://www.btcpolicy.org/articles/comment-to-the-white-house
Troy’s bakery analogy: https://twitter.com/thetrocro/status/1580818484799238144
The thoroughly rebuked “Bitcoin emissions alone could push global warming above 2°C” paper (note the three ‘matters arising’ and one publisher correction below the title and above the article): https://www.nature.com/articles/s41558-018-0321-8
Bitcoin Policy Institute: https://www.btcpolicy.org/
Troy Cross on Twitter: https://twitter.com/thetrocro
Bitcoin Policy Institute on Twitter: https://twitter.com/btcpolicyorg
Rod @bitkite on Twitter: https://twitter.com/bitkite
This Week in Bitcoin and Policy on Twitter: https://twitter.com/ThisPolicy
- “FTX's downfall and crypto's Bitcoin betrayal”, Monetary vs Fiscal Policy, Memes - 12.07.2022
Guest:
Josh Hendrickson, Associate Professor and Chair, Department of Economics - University of Mississippi
In this episode, we cover:
- Josh’s op-ed “FTX's downfall and crypto's Bitcoin betrayal” published by NBC
- The role of monetary policy vs fiscal policy
- How academics can be better informed on Bitcoin
- And a lot more…
Resources:
“FTX's downfall and crypto's Bitcoin betrayal” ('Bitcoin is not crypto' op-ed): https://www.nbcnews.com/think/opinion/bitcoin-vs-ftx-crypto-king-sam-bankman-fried-problem-rcna57964
Economic Forces newsletter: https://pricetheory.substack.com/
The referenced Josh Hendrickson meme: https://twitter.com/RebelEconProf/status/1598407880922857478
Josh Hendrickson University of Mississippi bio: https://economics.olemiss.edu/joshua-hendrickson/
Josh Hendrickson on Twitter: https://twitter.com/RebelEconProf
Bitcoin Policy Institute on Twitter: https://twitter.com/btcpolicyorg
Rod on Twitter: https://twitter.com/bitkite
This Week in Bitcoin and Policy on Twitter: https://twitter.com/ThisPolicy
This Week in Bitcoin and Policy - Episode #3 - 11.30.2022
Guest:
Grant McCarty, Co-Founder & Co-Executive Director - Bitcoin Policy Institute (BPI)
In this episode, we cover:
- What to expect in the first two upcoming FTX-related congressional hearings
- Harvard economics PhD candidate Matthew Ferranti’s Bitcoin paper
- New York’s proof-of-work mining moratorium
- And a lot more...
Resources:
Why Congress Needs To Act: Lessons Learned From The FTX Collapse (December 1 hearing): https://www.agriculture.senate.gov/hearings/why-congress-needs-to-act-lessons-learned-from-the-ftx-collapse
House lawmakers set first FTX hearing for Dec. 13: https://www.theblock.co/post/190370/house-lawmakers-set-first-ftx-hearing-for-dec-13
Tiffany Fong interview with SBF: https://twitter.com/TiffanyFong_/status/1597627998626160640
"Hedging Sanctions Risk: Cryptocurrency in Central Bank Reserves" (Job Market Paper) by Matthew Ferranti, PhD Candidate in Economics at Harvard University: https://sites.google.com/view/matthewferranti/research?pli=1
Tweet thread on "Hedging Sanctions Risk: Cryptocurrency in Central Bank Reserves" from BPI fellow Matthew Pines: https://twitter.com/matthew_pines/status/1592742601157152769
Grant McCarty on Twitter: https://twitter.com/grant_mccarty
Bitcoin Policy Institute on Twitter: https://twitter.com/btcpolicyorg
Rod on Twitter: https://twitter.com/bitkite
This Week in Bitcoin and Policy on Twitter: https://twitter.com/ThisPolicy
This Week in Bitcoin and Policy - Episode #2 - 11.23.2022
Guests:
Grant McCarty, Co-Founder & Co-Executive Director - Bitcoin Policy Institute (BPI)
Stephen Pollock, Director of Growth & Strategy - BPI
In this episode, we cover:
- A look ahead to hearings regarding FTX
- The current state of crypto legislation
- How industry can help inform regulation
- What the FTX blowup means for President Biden’s digital assets executive order
- And a lot more…
Resources:
S.4760 - Digital Commodities Consumer Protection Act of 2022 (DCCPA): https://www.congress.gov/bill/117th-congress/senate-bill/4760/text
‘Five-pronged approach to crypto regulation’ Twitter thread:
https://twitter.com/mikebelshe/status/1594462800327237632
Executive Order on Ensuring Responsible Development of Digital Assets: https://www.whitehouse.gov/briefing-room/presidential-actions/2022/03/09/executive-order-on-ensuring-responsible-development-of-digital-assets/
FACT SHEET: White House Releases First-Ever Comprehensive Framework for Responsible Development of Digital Assets: https://www.whitehouse.gov/briefing-room/statements-releases/2022/09/16/fact-sheet-white-house-releases-first-ever-comprehensive-framework-for-responsible-development-of-digital-assets/
Grant McCarty on Twitter: https://twitter.com/grant_mccarty
Stephen Pollock on Twitter: https://twitter.com/spollockbtc
Bitcoin Policy Institute on Twitter: https://twitter.com/btcpolicyorg
Rod on Twitter: https://twitter.com/bitkite
This Week in Bitcoin and Policy on Twitter: https://twitter.com/ThisPolicy
This Week in Bitcoin and Policy - Episode #1
Guest: Grant McCarty, Co-Founder & Co-Executive Director - Bitcoin Policy Institute (BPI)
In this episode, we cover:
- A brief rundown of what happened with FTX
- The role of regulators vs legislators
- The status of the Digital Commodity Exchange Act (DCEA)
- A look at BPI’s new paper on Proof of Reserves
- And a lot more…
Resources:
Proof of Reserves: A Report on Mitigating Crypto Custody Risk: https://www.btcpolicy.org/articles/proof-of-reserves-a-report-on-mitigating-crypto-custody-risk
H.R.7614 - Digital Commodity Exchange Act of 2022: https://www.congress.gov/bill/117th-congress/house-bill/7614
Grant McCarty on Twitter: https://twitter.com/grant_mccarty
Bitcoin Policy Institute on Twitter: https://twitter.com/btcpolicyorg
Rod on Twitter: https://twitter.com/bitkite
This Week in Bitcoin and Policy on Twitter: https://twitter.com/ThisPolicy