After Kraken closed its staking program in a $30 million settlement with the SEC, and Brian Armstrong warned that the staking for U.S. retail customers may have come to an end, staking became the hottest topic in crypto. I invited Lex Sokolin, the Chief Cryptoeconomist at ConsenSys, to my podcast to talk about staking and its role and future in crypto.
Lex Sokolin:
https://twitter.com/LexSokolin
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#Staking #Crypto #Bitcoin
Timestamps:
0:00 Intro
1:05 Staking
7:40 More capital is better?
12:50 Voting & bad actors
18:48 Free market
24:20 US attacks on crypto
31:00 ConsenSys ecosystem
40:40 Multichain vs. one chain
47:00 Crypto adoption
52:00 Crypto moves according to a price
53:50 Macro
The views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor. Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.