Coin Talk #5: Tether (USDT) is the New Disneybucks

Aaron and Jay try to understand how Tether works and whether its collapse could bring down the entire crypto house of cards.
Plus the Coincheck hack and some listener questions from Twitter.

COIN TALK is produced in partnership with Medium and hosted by Aaron Lammer and Jay Caspian Kang. (MP3 /Apple Podcasts)

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(Since this episode was taped last night, it was reported that Tether and Bitfinex had received a subpoena from the CFTC on December 6th.)
“U.S. Regulators Subpoena Crypto Exchange Bitfinex, Tether” (Matthew Leising, Bloomberg)

Hosted by Aaron Lammer (Longform / Stoner / Francis & the Lights) and Jay Caspian Kang (HBO’s Vice News Tonight / NYT Magazine / Grantland), Coin Talk is a new podcast where two crypto-amateurs obsess over everything weird, wonderful, and worrying in the world of Bitcoin and beyond. With one new episode per week — along with show notes and transcripts — on Medium, Aaron and Jay will discuss the week in crypto news with a fervor usually reserved for sports fanatics. The show is created by crypto-noobs for crypto-noobs, and features guests ranging from famed economists to blockchain developers to whale gamblers. Whether you’re new to crypto or your friends are just sick of hearing you talk about your decentralization, this show is for you.