CoinDesk: Deplatforming and the Evolving Crypto Narratives

Published on
January 26th, 2021
83 minutes

The Global Move Toward Central Bank Digital Currencies

CoinDesk: Deplatforming and the Evolving Crypto Narratives

Featuring Michael Casey and Ash Bennington

Published on: January 26th, 2021 • Duration: 83 minutes

Michael Casey, chief content officer at CoinDesk, joins Ash Bennington, Real Vision senior editor, to discuss his work at Coindesk, the current state of crypto regulation, and some of the most exciting developments in the sector. Casey explains that Coindesk covers the narratives behind the growing crypto ecosystem, such as broad acceptance of cryptocurrencies and the emergence of DeFi, and they accomplish this with both an events arm of the company and a research arm to holistically cover the crypto space. He believes that regulation has been problematic, particularly on how the proliferation of KYC/AML has hurt financial inclusion. He looks forward to crypto enabling the removal of costly middlemen with automated systems and permissionless inclusion into new financial systems, and he discusses how recent high profile deplatforming may have ushered in yet another potential narrative for crypto – a home for those censored by online platforms. Filmed on January 19, 2021. Key Learnings: Casey believes that regulation will soon be coming for DeFi, and if this is the case, then those projects who have worked toward full compliance will likely be less risky than those who have not. He believes that crypto can solve some of the problems of traditional finance such as making collateral and debt obligations more clear, stating that the transparency of blockchain is a major benefit.