Bruce Fenton (Chainstone Labs) on the paradox of governance tokens (EP.139)
On The Brink with Castle Island
Release Date: 10/19/2020
On The Brink with Castle Island
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info_outlineBruce Fenton, founder of the Satoshi Roundtable and Chainstone Labs, joins the show to talk security tokens and tokens-which-are-securities. In this episode:
- About Bruce's company Chainstone labs
- How the Bitcoin Roundtable is intertwined with Bitcoin history and the blocksize debate
- Coinbase's ongoing rapprochement with Bitcoiners
- Why longevity is so difficult in the crypto industry
- Are we living in the most historically aggressive period in terms of regulatory oversight into the industry?
- What Bruce makes of Heath Tarbert's comments on Ethereum
- Continuing uncertainty about the status of Ripple's XRP – and what possible outcomes look like
- The prospects for token S1s and a genuine standard of disclosure for new issuances
- Why trying to avoid securities laws causes token issuers to create subpar instruments
- How much control do governance tokens really give tokenholders?
- Why Bitcoin isn't sufficient to resist the state alone – and what tools are part of that toolkit
- Why the US should consider disrupting itself with regards to managing the world's financial system
- Why some people like security tokens for the wrong reasons
- The logistical advantages of tokenizing a security
- How security tokens could open up mid-size businesses which don't have access to capital markets