Audio Of The Week: Ether's Big Day

I wrote about Ether’s big day yesterday. In this podcast, Laura Shin and Coinbase’s Adam White, who runs the institutional business there, talk about the Ether news and Coinbase’s institutional business. It’s a quick 20min listen.


Comments (Archived):

  1. jason wright

    Unconfirmed. Apt.

  2. William Mougayar

    In my opinion, that SEC statement is being overblown in terms of impact. Their messaging is still confusing and not comprehensive. And it hasn’t made dent into ETH pricing.

    1. jason wright

      Completely agree with you. Fred is getting out of sync with reality.”Ether’s Big Day” reads like a tabloid headline.Too much bratwurst.

      1. sigmaalgebra

        Like Marilyn Monroe in Gentlemen Prefer Blonds about the size of a diamond, “It can never be too big!”. Well, can never have too much Bratwurst! I’m darned tired of chicken dogs, turkey dogs, veggie dogs, PITA dogs, and beef hot dogs and lust for some genuine, 100%, died in the wool, pork-based hot dogs and even Bratwurst!!!!For ether, that was either (A) an idea about the universe discredited by the Michelson-Morley experiment or (B) an anesthetic!

        1. jason wright


    2. awaldstein

      This idea that confusing verbiage in governmental writings in some way obviates the importance of the intent puzzles me.It’s the government! Steps in the right direction are to be embraced.

      1. jason wright

        if the intent is to send a clear message then government gets an F.where is the official published SEC directive on this matter?i read only subjective interpretation of comments. people want to hear what they want to hear.this feels suspiciously like a Silicon Valley plot to swing it their way. Get one of its not so secret agents to make public comments favourable to their position and then blitz the public space with factoid statements to build momentum.i’m always interested in the hidden mechanics of how such reports (Bloomberg Hinman) are put together. The dark arts, the dark arts.

        1. awaldstein

          You are looking for problems, I am looking for forward intent.I don’t believe in perfect. In people, in groups, in governments, I embrace the perpetual process, the intelligence of stumbling forward in the right direction.I eschew everything that ends the conversation, that stops movement that is simply a kvetch!

          1. jason wright

            no, i’m looking for (f)actual. where is the (f)actual here please? show me the official SEC directive on this.When did Fred’s blog become the SEC’s channel of public communication?i have no idea what kvetch even means.

          2. awaldstein

            Fred’s blog is whatever he wants it to be.His firm and others do important work to educate the government and as an information source, valuable to me as I do not have that inside seat.https://www.thefreedictiona

          3. jason wright

            i think it is irresponsible for Fred to write posts with such unequivocal titles as “Ether Is Not A Security” and “….Ether’s Big Day” when it has not been officially decided.with (great) power comes (great) responsibility.

          4. awaldstein

            I disagree completely.I do find it interesting that the largest critics of these posts are a Canadian and a Brit (I believe). We have our political issues for certain now and this has changed the reality of change and the patience and focus to make it happen

          5. Pointsandfigures

            I agree with Arnold and Fred. I do think it pays to be measured in your excitement. But, I know a lot of people that I respect who are not “out there” in the community that are steeped in this stuff who are pretty happy.

          6. jason wright

            it’s not about nationality. that’s a parochial thing to say.

          7. awaldstein

            Nope it is not and not intended to be so.We live this shit here and own it.It impacts everyone but in actuality it is ours to fix.Easy to find offense as a vehicle to impede understanding and misconstrue intent.

          8. jason wright

            i’m ethnically Anglo Irish. not relevant.

          9. awaldstein


          10. jason wright

            your “Brit”. not relevant.

          11. Richard

            The mendacity of characterizing Fred’s persuit of Cryptocurrency as a noble cause is baffling. This is an investment that will enrich few at the expense of many.

          12. PhilipSugar

            In some ways I think Fred should be flattered people treat his blog as a diety.I mean to comment on what one person says on their own blog with their own opinions and say he is so important that he has a responsibility or that you don’t think Kickstarter, videos, or posting links is worthy, truly shows how important people think every utterance he makes is.In other ways I think sit the hell down and STF up if you don’t like it. Go somewhere else.

          13. jason wright

            he’s not a diety. he’s an influencer. the blog is in part a technical component of that process.”STFU” – no.

          14. awaldstein

            Yup agree.Nothing is perfect. We are all simply people is all, chained to group dynamics.I simply insist to have some fun as I only get to do this once!

          15. LE

            I do find it interesting that the largest critics of these posts are a CanadianCanadian? Why does that matter at all??? What William says (who runs blockchain conferences) is overwhelmingly important to the topic because of his involvement in the business.

          16. William Mougayar

            This has nothing to do with me being Canadian. I have interacted w regulators in the US, Canada and Europe, and continue to write on the topic based on insights that many others will take months and years to acquire or develop.

          17. PhilipSugar

            I think because you attribute him such power, you should only refer to him as “The Fred Wilson” Seriously.

      2. LE

        William has (I am guessing) a vastly greater portion of his life tied up in crypto and the blockchain that you do. Or even Fred for that matter. You may have some skin in the game but not like William does. Hence his fear and relative lack of optimism makes sense.

        1. William Mougayar

          More that I am deep into the system, and have strongly held perspectives, based on some insights I develop.

      3. William Mougayar

        Good direction is Ok, but as I said and how Fred ended his post yesterday, the fog has not lifted totally.

        1. awaldstein

          My point–it will never lift completely.

    3. Richard

      Freds approach blogging talking points is transparent. If you listen to speeches by Bill Hinmann earlier in his career you’ll hear him speak about rule 16(b). Insider trading continues to the elephant in the room when it comes to crypto securities. Bill knows that the SEC will come down and come down hard using 16(b). This is one reason in my opinion that coinbase will stonewall any attempt for by the SEC to get trading data. They needs time.

  3. awaldstein

    I liked this one a great deal as it opened up Coinbase to me as an outsider.I didn’t realize that they were starting to touch the world of certified financial advisors.Sent it to Aaron Klein at Riskalyze.

  4. Tom Labus

    Some big bank is going to try to buy them.