In this episode of The Knight Show, hosts JoshuaJake and Samuel Armes, along with guest Jeff Vandrew, discuss the current state of banking and the potential for another economic depression, covering Credit Suisse, the FED's recent signals, and Unchained Capital's outlook for the future. They also delve into self-custody and the differences between proof of work, proof of stake, and mining from a security perspective.
In this episode of The Knight Show, hosts JoshuaJake and Samuel Armes, along with guest Jeff Vandrew, the General Counsel for Unchained Capital, discuss the current state of banking and the potential for another economic depression. They explore the common thread connecting struggling banks, such as Silvergate Bank, Signature Bank, and Silicone Valley Bank, and examine the role of interest rates and inflation. The episode also covers Credit Suisse, the FED's recent signals, and Unchained Capital's outlook for the future. The hosts and guests also discuss self-custody and the differences between proof of work, proof of stake, and mining from a security perspective. The episode offers valuable insights for anyone interested in the future of finance.
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HELPFUL LINKS:
Jeffs Twitter: https://twitter.com/vandrewattycpa
Unchained Capital Twitter: https://twitter.com/unchainedcap
Unchained Capital Site: https://unchained.com/
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TIMESTAMPS:
0:00 Are we going through a great depression?
2:19 Jeff’s thoughts on current banking news
3:27 What is the underlying cause of the banking turmoil?
6:11 The common thread for all these banks
7:06 Silvergate Bank explained
7:32 Signature Bank explained
9:55 Silicone Valley Bank explained
14:31 Are interest rates and inflation to blame for banking struggles?Â
18:30 Credit Suisse explained
20:13 What is the FED's Job, and what are they signaling?
21:55 FED allows banks to borrow against treasury securities.
24:50 What does this mean for international banks?Â
26:27 What is Unchained Capital’s outlook for the next 15 months
27:28 Where are interest rates going?
28:18 How we’re prepping for the FED’s next move.Â
30:31 How Unchained Captial is dealing with banking turmoil
33:47 More on Unchained CapitalÂ
35:20 Self-custody and how not everyone loves it.Â
40:48 Proof of work v. proof of work v. proof of stake
42:24 What does it mean for the SEC to go after staking?
44:03 Understanding staking and mining from a security perspective
47:04 Now is the time to learn about self-custody
49:39 Final thoughts
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