The Flood is Here: Charlie Shrem on AI, RWAs, Bitcoin ETFs, & How Investors Can Profit in Crypto

In this episode, we dove deep into the exciting developments in the Bitcoin Layer 2 space, which is seeing a surge in developer activity and growth. Our first guest, Muneeb Ali, CEO of Trust Machines and creator of Stacks, shared insights on the upcoming Nakamoto protocol launch. Stacks, a Bitcoin Layer 2 solution, aims to improve transaction speeds while maintaining Bitcoin's security. Muneeb discussed the importance of making BTC programmable and the upcoming launch of a decentralized bridge, SBTC, which will simplify moving BTC to Layer 2.We also touched on the cultural shift within the Bitcoin community, where building on Bitcoin is becoming more accepted and collaborative. Muneeb highlighted the significance of Bitcoin L2s in creating a vibrant ecosystem that can compete with other networks like Ethereum and Solana. He envisions a future where Bitcoin is the reserve currency for all types of assets, including meme coins and real-world assets.Our second guest, Andy Fajar Handika, CEO of Loka Mining, discussed the challenges and opportunities in the Bitcoin mining industry. Andy's platform aims to democratize Bitcoin mining by providing smaller miners with better access to finance, thus promoting decentralization. Loka Mining offers innovative products that allow individuals to invest in Bitcoin mining operations and provide liquidity to miners.Both guests underscored the importance of innovation and collaboration in the Bitcoin space, with the goal of making Bitcoin the backbone of a new financial ecosystem. As the host, I'm excited to see these projects lead the charge in Bitcoin's evolution and can't wait to witness the impact they will have on the industry.If you're as fascinated by these developments as I am, make sure to tune in to The Charlie Shrum Show for more insights from the frontlines of Bitcoin and crypto innovation.

Hey everyone, Charlie Shrem here, and I just wrapped up another epic episode of The Charlie Shrem Show with Justin Banon, co-founder of Boson Protocol & Sung Min Cho, CEO of Beoble. Boson Protocol Update: We kicked off the show with Justin Banon, co-founder of Boson Protocol, who shared insights on their latest upgrade. Boson Protocol is making waves by enabling royalties on secondary sales of physical items, a feature eagerly awaited by big brands and fashion magazines.Decentralized Physical Infrastructure Networks (D-PIN): Justin and I discussed the concept of D-PIN and how Boson Protocol is pioneering the digital representation of physical products and services, transforming them into blockchain-based assets.Fermion Protocol: Justin introduced us to Fermion, a new protocol designed to work alongside Boson for the tokenization and exchange of high-value physical assets that require verification, such as luxury goods and collectibles.Web3 Social Platforms: Later in the episode, we had Sung Min Cho, CEO of Beoble, join us. Beoble is revolutionizing the way we think about social platforms by integrating Web3 wallets and gamifying interactions with a rewards-based model.The Future of Identity: Sung Min Cho and I explored the future of identity in the Web3 world, where your wallet becomes your identity, and your transactions and interactions define your digital persona.Hong Kong's Crypto Hub Ambitions: We also touched on the recent developments in Hong Kong, where the government is making a push to become the crypto hub of Asia, offering licenses to crypto exchanges and encouraging banks to work with crypto companies.Final Thoughts:This episode was a deep dive into the future of blockchain technology and its impact on our digital and physical worlds. From the innovative solutions provided by Boson Protocol to the social dynamics of Web3 platforms like Beoble, we're seeing a transformation in how we interact with assets and each other. And with places like Hong Kong embracing crypto, the future looks bright for blockchain enthusiasts and entrepreneurs.Thanks for tuning in, and I can't wait to bring you more conversations with the trailblazers of the Bitcoin and crypto world. Until next time, keep investing, keep listening, and stay epic!

In this episode of The Charlie Shrem Show, we dove deep into the blockchain world with two remarkable guests, Evan Cheng and Greg Siourounis, who are making significant strides in the industry with their project, Sui.Greg, the Managing Director of the Sui Foundation, shared his diverse background in economics, academia, and entrepreneurship. He highlighted the Sui Foundation's efforts in developer education, community engagement, and the importance of a foundation model in fostering growth within blockchain projects.Evan, with his experience at Meta and co-founding Mysten Labs, discussed the innovative object-based model of the Sui blockchain, which offers a more efficient and scalable alternative to the traditional UTXO and account-based models. He emphasized the importance of creating a developer platform that empowers product developers to build new experiences for consumers, aligning with the trend towards decentralization.The conversation also touched on the upcoming Sui Basecamp event in Paris, where the Sui community will gather to share insights and developments. Evan and Greg discussed the significance of large companies adopting blockchain solutions to solve real-world problems, which they believe will create a more sustainable business model for the industry.The episode concluded with a discussion with Khori Whittaker, the executive director of the Ethereum Name Service (ENS). Khori shared his journey from the education sector to the blockchain space and his vision for ENS to provide human-readable identities to facilitate mass adoption of blockchain technology. He also delved into the challenges of proving humanity in an AI-dominated world and the potential of ENS profiles to verify individual identities.Overall, this episode provided a comprehensive look at the advancements in blockchain technology, the importance of developer-focused platforms, and the role of identity in the future of decentralized governance and community organization.

In today's episode, I'm thrilled to have Pete Rizzo and Jason Yanowitz by my side as we journey back to the pioneering days of Bitcoin, spanning 2011-2014. We're unpacking everything from the inception of BitInstant, my own encounter with the law, to the seismic Mt. Gox breach, and the onset of the contentious block size debates. Jason, Pete and I offer a behind-the-scenes glance, sharing personal anecdotes and insights from our early involvement in Bitcoin's evolution. We delve into the cultural rift between the Bitcoin purists and the wider crypto sphere, while also casting an eye forward to the burgeoning realm of ordinals. Tune in for a treasure trove of stories and forward-looking thoughts!

Hey everyone, Charlie Shrem here, and you've just tuned into another epic episode of The Charlie Shrem Show. Today, we dove deep into the world of blockchain and cryptocurrency, exploring the incredible potential and challenges of innovation in this space.We started the conversation by discussing how blockchain technology solves complex problems, yet we often see creators complicating the user experience. It's a paradox that we're all too familiar with in the crypto world.Today's guest was my good friend and colleague Chris Jenkins from Druid Ventures, who also co-founded poktpool.com. We chatted about the importance of decentralized node infrastructure and how it's crucial for maintaining the integrity and security of blockchain networks. We even touched on the historical 51% attack on Bitcoin and how a robust node network can defend against such threats.We reminisced about the early days of Bitcoin, the block size wars, and how the evolution of blockchain has led to innovative solutions like roll-ups and side chains. It's fascinating to see how far we've come and the lessons we've learned along the way.Our conversation also ventured into AI and its intersection with blockchain. We pondered the challenges of ensuring that AI benefits users rather than controlling them and the importance of regulations that foster innovation while protecting privacy.As we wrapped up, we had the pleasure of speaking with Dr. Danny Lim, founder and CEO of MarginX. He shared insights on the impact of Bitcoin ETFs in Asia and the exciting developments in the regulatory landscape that could open the floodgates for traditional finance to embrace cryptocurrencies.We laughed, learned, and looked ahead at the bright future of blockchain and crypto. Thanks for joining us on this journey, and remember to hit that subscribe button to stay on the cutting edge with us. Until next time, keep trailblazing and stay epic!Remember, this is not financial advice, and always do your own research before making any investment decisions.Charlie00:00:03 - Introduction to Blockchain's Potential and Challenges; Welcome to 2024's Crypto and Tech Developments.00:05:00 - The Journey of the Podcast; Insights into VC, Pocketpool.com, and the Importance of Node Infrastructure.00:10:00 - The Evolution of Decentralization, Web3, Node Incentivization, and the Genesis of the POKT Ecosystem.00:15:00 - Discussions on Blockchain Security, Bitcoin's Evolution, Node Centralization Issues, and Scalability Solutions.00:20:00 - Exploring the Necessity of Bear Markets, UX Tips, the Evolution of Money, and the Role of Blockchain Departments.00:25:00 - Future Trends in AR, Blockchain User Experience Simplification, Crypto Market Dynamics, and Apple's Influence.00:30:00 - The Excitement of Blockchain VC, AI's Impact, Privacy Challenges, and the Innovative Approach of MarginX.00:35:00 - Regulatory Impacts, Election Influences, Bitcoin ETF Significance, and Predictions for Bitcoin's Future.00:40:00 - The Role of Money and Regulation in Trading, Tax Evolution, KYC, Deepin Concept, and Infrastructure Expansion.

Hey everyone, Charlie here. Just wrapped up another epic episode of The Charlie Shrem Show, and let me tell you, it was a blast. We had the pleasure of chatting with Jon Helgi Egilsson, the ex-chairman of the Icelandic Central Bank and co-founder of Monerium, and Kevin de Patoul, co-founder and CEO of Keyrock. We dove deep into the world of digital currencies and the future of banking.Jon shared his journey from traditional finance to the cutting edge of crypto and how his company, Monerium, is pioneering the way we interact with money. They're cutting out the middleman, connecting tokens directly to bank accounts, and making transactions smoother than ever.We reminisced about AURORACOIN & Bitcoin's early days and how countries like Iceland and El Salvador are embracing digital currencies. Jon's insights as a former central banker were eye-opening, especially his thoughts on the potential of competition between different forms of money.The conversation got fascinating when we touched on the concept of Central Bank Digital Currencies (CBDCs) and the role they could play in the future. Jon's perspective on the balance between innovation and regulation gave us a lot to think about.We also discussed the recent bank runs and the stability of the banking system. Jon's idea that we could use blockchain technology to become independent of banks was fascinating. Imagine a world where your money is as secure as it gets, stored in your wallet, not at the mercy of financial institutions.What do market makers do? What is OTC? We ask the question to Kevin de Patoul, co-founder and CEO of Keyrock, who focuses on the benefits of tokenization in financial markets. Tokenization, the process of converting real-world assets into digital tokens on a blockchain, offers several advantages, including fractional ownership of assets, increased liquidity, and reduced barriers to investment. Kevin elaborates on how tokenization allows investors to buy portions of assets, enhancing accessibility and market efficiency. Keyrock, as a market maker, plays a critical role in this ecosystem by facilitating liquidity and stable trading environments. The conversation highlights the importance of market makers like Keyrock in supporting the growth and stability of tokenized markets, underscoring their contribution to a more transparent, secure, and accessible system for trading and investing in tokenized assets.Have a great day! Please support us!Charlie Shrem

In today's episode, we dove deep into the complex world of cryptocurrency recoveries and bankruptcies, and explored the evolving landscape of Bitcoin as an asset class. Our guests, Simon Dixon of BnkToTheFuture and Enrico Ribboli of Mintlayer, shared their wealth of knowledge and experience, providing listeners with a unique perspective on past and current events in the crypto space.Key Takeaways:Simon Dixon's Experience with Crypto Recoveries: Simon recounted his advisory role in major crypto cases like Mt. Gox and Bitfinex, highlighting the importance of strategic decisions made by creditors to maximize recoveries. He also discussed the Celsius case, detailing the fraudulent activities of Alex Mashinsky and the differences between Celsius and Bitfinex's approaches to handling losses.The Role of Bnk To The Future: Simon, as the CEO and co-founder of Bnk To The Future, talked about the platform's pioneering work in democratizing finance and providing investment opportunities in crypto companies. He also shared his insights on the benefits of security tokens and the challenges faced during the Coinbase IPO compared to the smoother process with Exodus.MintLayer's Vision for Bitcoin: Enrico Ribboli introduced Mintlayer, a Bitcoin Layer 2 sidechain designed to enhance Bitcoin's capabilities without congesting the main chain. He emphasized the importance of creating a secondary lane for assets and transactions, preserving Bitcoin's scarcity and security.Regulation and Real World Assets (RWAs): The conversation touched on the regulatory aspects of tokenizing real-world assets and the potential for creating regulated tokens on platforms like MintLayer. Enrico explained how MintLayer could facilitate compliance with KYC requirements for security tokens.Bitcoin ETFs and the Future of Ownership: The episode explored the implications of Bitcoin ETFs for individual and institutional investors. Simon and Enrico discussed the differences between owning Bitcoin directly versus through an ETF, and the potential impact on network control, especially in proof-of-stake systems like Ethereum.Tax Considerations in Crypto Investments: Tax efficiency was highlighted as a significant factor influencing investors' decisions to hold Bitcoin directly or through ETFs. Simon shared his perspective on the growing importance of tax considerations in the evolving regulatory landscape.Conclusion:This episode provided a comprehensive look at the intersection of cryptocurrency, regulation, and investment, with expert insights from two industry veterans. Whether discussing the lessons learned from crypto bankruptcies or the potential of Bitcoin sidechains, the conversation underscored the dynamic and multifaceted nature of the crypto world.Listeners, don't forget to leave your reviews and subscribe for more epic episodes where we continue to unravel the intricacies of the Bitcoin and crypto movement.-Charlie

Hey everyone! A few weeks ago I caught up with my friend Mike Larson over at a Moneyshow event in Sarasota. It was right around the Bitcoin ETF approval and he invited me onto his show. What a pleasure being on another show with a terrific podcaster who knows his stuff. He got me excited so I got my friend Bobby Lee who started the first Asian Bitcoin exchange, BTC China, to join me on a panel at Moneyshow Las Vegas in a few weeks from now. Bobby runs Balet right now, a Bitcoin company and he's into poker like me. Who knows what fun well get into. Anyways, enjoy the show!---Charlie Shrem is an American entrepreneur and long-time fixture in the cryptocurrency industry. A founding member of the Bitcoin Foundation, he is also general partner of Druid Ventures, editor of the Crypto Investor Network, and host of The Charlie Shrem Show Podcast.In this fascinating interview, Charlie covers several major developments in the Bitcoin and cryptocurrency space – including those most important to both private and public investors. As Charlie noted in a recent Tweet: “THE FLOOD IS COMING. Prepare now.” That’s because the mainstreaming of Bitcoin and developments in Decentralized Finance (DeFi) are unleashing a wave of innovation and investment. For instance, he believes crypto could be used to improve AI technology by incentivizing the sharing of data in real time. We also discuss Real World Assets (RWAs) and how tokenized securities can bring liquidity and freer trading to formerly illiquid assets. And we talk about how startups are trying to help unlock “locked” Bitcoin for people, but in ways that don’t require them giving up control of their keys to a third party or exchange.The discussion then pivots to the recent mass approval of Bitcoin ETFs, and what the involvement of more mainstream investors and institutional money in the market will mean. We talk about key regulatory developments and how steps Washington takes in the next couple of years could actually HELP the industry rather than HARM it. Charlie then discusses the differences between some of the more (and less) attractive Bitcoin ETFs. And he names several publicly traded companies that investors can look into if they want to profit in the crypto space. Finally, we conclude with a discussion of what Charlie plans to cover at the MoneyShow/TradersEXPO Las Vegas, set for Feb. 21-23 at the Paris Las Vegas resort. Click here to register: https://conferences.moneyshow.com/moneyshow-las-vegas/?scode=061246

Welcome, listeners, to episode 401!In today's episode, we're venturing into a world where finance meets technology and where the rhythms of electronic music intersect with the beats of the blockchain. We'll explore the undeniable power of networking, dive deep into the evolving landscape of decentralized finance (DeFi) with Danny Chong, co founder of Tranchess, and discuss the transformative impact of electronic music with my guest, Matt Medved, CEO of NFT Now. We'll also tackle the pressing issue of authenticated media in an era rife with misinformation. So, buckle up for a journey through the intricate worlds of crypto, music, and the fight for truth in media.0-10 MinutesIn the first 10 minutes, we dive into the power of networking and its significance in the crypto and finance world. We introduce guest Danny Chong and discuss liquid staking in decentralized finance (DeFi), how it compares to traditional finance, and the innovative products in this space like Tronches, Rook, and Bishop tokens.10-20 MinutesIn this segment, we explore the future of tokenization and real assets, emphasizing the role of liquidity and blockchain security. We delve into how insurance is becoming a crucial aspect of the crypto space, ensuring safety and trust in financial products. We also touch upon the challenges and opportunities in real estate tokenization.20-30 MinutesHere, I'm joined by Matt Medved, a pioneer at the intersection of music and technology. We discuss the critical role of insurance in DeFi and crypto. We also delve into the regulatory aspects of real-world asset tokenization, the evolution of NFTs, and how institutional investment is shaping the crypto and NFT landscape.30-40 MinutesThis part of the podcast focuses on the transformative power of electronic music and its immersive qualities. We share experiences from live electronic music events and discuss how electronic music transcends traditional boundaries, creating a unique, captivating journey for its audience.40-50 MinutesThe discussion shifts to the importance of authenticated media in combating misinformation and fake news. We highlight the potential of blockchain in verifying authenticity and the role of loyalty programs in building consumer trust. The segment emphasizes the need for verified media sources in an era of increasing AI sophistication.50-60 MinutesIn the final section, I continue the conversation with Matt Medved, exploring his journey in music and technology. We delve into the challenges of digital publishing in the Web3 era, the future of NFTs and digital assets, and how electronic music creates an empathetic, transformative experience for listeners.Overall, this episode covers a range of topics from the significance of networking and the challenges in the DeFi space, to the transformative power of electronic music and the critical need for authenticated media in our digital age.Enjoy!Charlie Shrem

Welcome back! In this amazing episode, I sit down with John Drew and Jack from Bitcoin Day Naples. They discuss the upcoming Bitcoin Day Naples 2024 and the noticeable differences between last year's event and this year's. The event, which celebrates Bitcoin and crypto, has seen increased support and is taking place during a bullish market. Join me as I dive deep into the Bitcoin and crypto space and explore the stories and future of this movement.00:00:57-00:01:08 "It's a new year, but what a great way To start off the new year and to head down to Naples, Florida, not very far from where I live, to speak at Bitcoin Day Naples."00:04:48-00:04:58 - "It's fascinating to see everybody's level of conversation is just a little bit more excited. kind of you could say, oh, yeah, some more adoption has happened. But it seems sort of wider than that, like the types of people that we're speaking with, the sort of quality of interest from different angles."00:05:56-00:06:07 - "You're a lot more comfortable learning about an asset when you've just lost a lot of money in it."00:08:47-00:08:57 - "that they make literally a lifelong connection that turns into something that not only benefits them and is profitable, but also turns into good"00:12:21-00:12:35 "Leaving California for taxe reasons."00:17:21-00:17:32 - "There's kind of the common theme of being a community builder. So I'm like, I'm a connector. That's just what I do."00:19:48-00:19:58 "trying to get the big ballroom on the Ritz-Carlton newly rebuilt out there on the Golden Gulf Shores. But some celebrity like moved in with some kind of wedding plan and we"