Hosts:
RA George (Blockchain DXB)
Markose Chentittha (Oort Foundation + Society X)
Episode Overview:Join us for this week's Unfiltered Chat, where we dive into the most pressing topics in crypto, blockchain, and AI. This episode features a detailed discussion on CPI numbers, inflation, crypto market updates, regulatory insights, and groundbreaking industry developments.
1. CPI Numbers & Inflation
Inflation increased to 2.9%, slightly higher than the expected 2.8%.
Consumer prices show upward momentum, triggering discussions on potential Fed interest rate reductions.
Analogy: The economy, like a weak patient, may need another dose of medicine (interest rate cuts). Will this happen on January 29 or in February?
2. Gary Gensler’s Exit Interview
Advocated for Bitcoin as fundamentally strong, contrasting with sentiment-driven "shitcoins."
Acknowledged broader SEC responsibilities like ESG, climate change, and DEI policies.
Discussed the SEC's partial win in the Coinbase lawsuit and the lack of clear crypto regulations.
3. Ripple & SEC: The Trump and Obama Years
Former SEC Chairman Jay Clayton sued Ripple, labeling XRP a security.
Under Obama, the CFTC classified Bitcoin as a commodity in 2015.
Should the CFTC take charge of crypto regulation?
4. Tether’s Relocation to El Salvador
Tether aligns with El Salvador's Bitcoin-centric economy for innovation and operational flexibility.
Is launching a UAE Dirham-backed stablecoin a good idea for expats? We explore its potential impact on expat communities from Bangladesh, India, Pakistan, and the Philippines.
5. BlackRock Insights
Bitcoin adoption is faster than mobile phones and the internet, achieving 300 million users in just 12 years.
Blockchain DXB’s take: Compare Bitcoin adoption with rapid-growth metrics like ChatGPT, Threads, and TikTok for a balanced perspective.
6. Crypto Market Update
DApps volume analysis from DappRadar shows mixed results. Raydium numbers are puzzling.
Stablecoin volumes surged before CPI numbers, signaling increased crypto activity without selling pressure.
Key Advice: Track stablecoin volumes and 24-hour trading volumes to gauge market trends.
7. Updates from Markose & RA George
Markose: Oort Foundation’s upcoming Twitter Spaces and developments.
RA George: Relai and DAMAC Group interviews on AI, tokenization, and more.
Inflation Data: BLS CPI Numbers)
Gary Gensler’s Exit Interview: CNBC Video)
BlackRock Market Insights: Insights Publication)
DApp Statistics: DappRadar Rankings)
Podcast Closing NotesWe appreciate our listeners for tuning into this week's Unfiltered Chat. Don’t forget to follow Blockchain DXB and Society X for more updates on crypto, blockchain, and AI!
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