153 - Why Crypto is Underrated with Tyler Cowen
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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