153 - Why Crypto is Underrated with Tyler Cowen
In today’s episode, Tyler shares why he thinks regulators should pause and wait before passing crypto regulation in the wake of FTX, how FTX and Enron are similar, why he calls himself a crypto-hopeful (even though he thinks Balaji’s Network State idea is utterly wrong). And finally, we play Tyler's favorite game—Overrated vs. Underrated—about everything relevant in 2023: Crypto AI, Inflation, America, China, Social Media, Wealth Inequality, and more.
TIMESTAMPS
0:00 Intro
6:10 Tyler’s 2023 Crypto Thoughts
6:50 Why Crypto is Confusing
9:04 Is Crypto Overrated?
10:25 Is Crypto Worth it?
12:19 Regulation
19:33 On-Chain Privacy, Taxes, Surveillance
24:00 FTX vs. Enron
27:35 Wealth Inequality
32:05 Crypto Regulation vs. Innovation
34:48 Can the U.S. Choke Crypto?
36:24 Crypto vs. the Internet
37:56 Whose at Fault for FTX?
40:00 Crypto Self-Regulation
45:16 A.I. Regulation
46:46 A.I.’s SBF Moment?
48:05 Is the Future Closer than it Appears?
50:31 Human Self-Regulation
51:16 Economists & Crypto
53:20 Vitalik
54:16 Free Markets & Greed
55:21 Overrated vs. Underrated
1:00:24 Balaji’s Network State
1:01:47 Banks
1:02:15 Closing & Disclaimers
RESOURCES
- Tyler on Twitter
https://twitter.com/tylercowen - Tyler’s Blog
https://marginalrevolution.com/ - Tyler’s Podcast
https://conversationswithtyler.com/ - Beware the Dangers of Crypto Regulation https://www.washingtonpost.com/business/beware-the-dangers-of-crypto-regulation/2023/01/03/27f6f31a-8b63-11ed-b86a-2e3a77336b8e_story.html