1
00:00:02,279 --> 00:00:05,439
Speaker 1: This is Bloomberg Crypto, a daily Bloomberg I Heard podcast,

2
00:00:05,720 --> 00:00:09,200
Speaker 1: and I'm Stacy Marie Ishmael, Managing editor of Crypto for

3
00:00:09,200 --> 00:00:27,680
Speaker 1: Bloomberg News. It's Thursday September. For this episode, we're doing

4
00:00:27,720 --> 00:00:30,639
Speaker 1: something a little bit different. It's based on a conversation

5
00:00:30,680 --> 00:00:33,400
Speaker 1: that two of our reporters, Alison Vers Brill and David

6
00:00:33,400 --> 00:00:37,080
Speaker 1: Pan had with Costa Samaris doing a live Twitter spaces event.

7
00:00:37,680 --> 00:00:40,800
Speaker 1: Costa Samrs is the White House Chief Advisor for Energy Policy.

8
00:00:41,240 --> 00:00:43,760
Speaker 1: He works out of the Office of Science and Technology Policy.

9
00:00:44,360 --> 00:00:47,800
Speaker 1: Our reporters and Costa discussed the recent crypto climate report

10
00:00:47,960 --> 00:00:50,159
Speaker 1: and what's next for u S efforts on climate and

11
00:00:50,280 --> 00:01:04,880
Speaker 1: non crypto. This episode features highlights from that conversation. Hello

12
00:01:04,920 --> 00:01:07,960
Speaker 1: and welcome everyone. Thanks for tuning in today. My name

13
00:01:08,040 --> 00:01:15,000
Speaker 1: is Alison Verse Brol and I'm the cryptop Thanks for

14
00:01:15,080 --> 00:01:18,720
Speaker 1: joining UM. The White House Office of Science and Technology

15
00:01:18,800 --> 00:01:23,399
Speaker 1: Policy released report earlier this month on the climate implications

16
00:01:23,440 --> 00:01:27,160
Speaker 1: of digital assets. Costa and your report. Your office lays

17
00:01:27,160 --> 00:01:30,039
Speaker 1: out some of the concerns about certain approaches for mining

18
00:01:30,080 --> 00:01:34,320
Speaker 1: and verifying crypto transactions, in particular and mechanism known as

19
00:01:34,400 --> 00:01:37,160
Speaker 1: proof of work. You also make recommendations on how to

20
00:01:37,160 --> 00:01:40,959
Speaker 1: address these concerns, including suggesting that the federal government collect

21
00:01:41,000 --> 00:01:44,120
Speaker 1: more data on power usage and work with states in

22
00:01:44,120 --> 00:01:47,280
Speaker 1: the crypto industry to set greener standards. Um, so what

23
00:01:47,319 --> 00:01:50,680
Speaker 1: does the main takeaway you want people to bring from

24
00:01:50,720 --> 00:01:54,040
Speaker 1: this report? Thanks so much for having me, Ali and David.

25
00:01:54,080 --> 00:01:56,880
Speaker 1: It's really a pleasure to be with you. But first,

26
00:01:56,880 --> 00:01:59,280
Speaker 1: before we get started, I just want to make sure

27
00:01:59,400 --> 00:02:02,640
Speaker 1: that folks on understand where we're coming from. I sit

28
00:02:02,720 --> 00:02:05,920
Speaker 1: in the White House Office of Science and Technology Policy,

29
00:02:06,000 --> 00:02:10,600
Speaker 1: and we are the source of scientific and technological advice

30
00:02:10,760 --> 00:02:13,120
Speaker 1: and analysis for the President and the rest of the

31
00:02:13,120 --> 00:02:17,280
Speaker 1: Executive Officer of the President around major policies and plans

32
00:02:17,320 --> 00:02:20,959
Speaker 1: and profits. And we did this report because in March

33
00:02:21,080 --> 00:02:24,880
Speaker 1: the pressure the President issued an executive work called Ensuring

34
00:02:24,960 --> 00:02:29,560
Speaker 1: the Responsible Development of Digital Assets. So the President tasked us,

35
00:02:29,639 --> 00:02:32,120
Speaker 1: the White House Officer as Science and Technology Policy, for

36
00:02:32,240 --> 00:02:37,160
Speaker 1: looking into the energy and environmental implications of crypto assets.

37
00:02:37,440 --> 00:02:39,400
Speaker 1: And so we got started, and we brought together a

38
00:02:39,520 --> 00:02:43,720
Speaker 1: group of interdisciplinary scientists and engineers and economists and others

39
00:02:43,800 --> 00:02:48,080
Speaker 1: to understand these broader issues and present some recommendations. And

40
00:02:48,120 --> 00:02:51,120
Speaker 1: so alle you asked, well, what did we find. Well,

41
00:02:51,560 --> 00:02:54,920
Speaker 1: at the highest level, we found that crypto assets represent

42
00:02:55,080 --> 00:02:58,160
Speaker 1: between point nine and one point seven percent of US

43
00:02:58,200 --> 00:03:02,799
Speaker 1: electricity use, and that the greenhouse gases that are associated

44
00:03:02,800 --> 00:03:06,200
Speaker 1: with crypto assets in the United States are between and

45
00:03:06,320 --> 00:03:10,519
Speaker 1: fifty million metric tons, which is about point forward to

46
00:03:10,600 --> 00:03:15,840
Speaker 1: point eight percent of US g HD emissions. These numbers

47
00:03:16,480 --> 00:03:20,080
Speaker 1: are not big, but they're also not small. And what

48
00:03:20,200 --> 00:03:23,240
Speaker 1: the report lays out is making sure that we have

49
00:03:23,320 --> 00:03:28,440
Speaker 1: a handle on understanding this growing industry and ensuring that

50
00:03:29,040 --> 00:03:33,240
Speaker 1: the benefits for all folks in the United States are

51
00:03:33,320 --> 00:03:37,640
Speaker 1: maximized and the harms are minimized. You mentioned some agencies

52
00:03:37,680 --> 00:03:42,240
Speaker 1: that that should take uh specific actions, either on disclosure

53
00:03:42,280 --> 00:03:47,240
Speaker 1: requirements or setting new standards. I'm curious, like, what's what's

54
00:03:47,280 --> 00:03:50,280
Speaker 1: the next step One might we actually see some action

55
00:03:51,000 --> 00:03:56,440
Speaker 1: coming out of the recommendations made in the report. So

56
00:03:56,520 --> 00:04:00,280
Speaker 1: what did our report find? So first, what was really piking?

57
00:04:00,320 --> 00:04:01,800
Speaker 1: And I think as we see a lot of the

58
00:04:01,840 --> 00:04:04,440
Speaker 1: comments that have come in over the last couple of

59
00:04:04,520 --> 00:04:06,680
Speaker 1: days when we've been talking about this event, is we

60
00:04:06,720 --> 00:04:10,760
Speaker 1: need better information. The public needs information and transparency so

61
00:04:10,800 --> 00:04:14,480
Speaker 1: that we can enable some evidence based policy. And one

62
00:04:14,480 --> 00:04:17,480
Speaker 1: of the recommendations. Actually, the biggest recommendation in this report

63
00:04:17,560 --> 00:04:22,200
Speaker 1: is let's all get better information about this growing industry.

64
00:04:22,320 --> 00:04:26,880
Speaker 1: And that could be voluntary disclosures from UH, from the

65
00:04:26,920 --> 00:04:31,159
Speaker 1: mining industry, it could be surveys from utilities and from

66
00:04:31,200 --> 00:04:34,880
Speaker 1: the Department of Energy UH, and it could be understanding

67
00:04:34,960 --> 00:04:38,440
Speaker 1: from state and local energy environmental agencies. And so with

68
00:04:38,600 --> 00:04:42,600
Speaker 1: some better information, we will be better able to understand

69
00:04:42,880 --> 00:04:46,920
Speaker 1: how to again maximize the benefits and minimize the damages.

70
00:04:47,000 --> 00:04:50,880
Speaker 1: So that's the first overall recommendation. The second is really

71
00:04:50,920 --> 00:04:54,640
Speaker 1: focused on communities. And now you asked which agencies could

72
00:04:54,720 --> 00:04:58,880
Speaker 1: potentially be involved. This is something where there's a role

73
00:04:58,960 --> 00:05:00,880
Speaker 1: for the federal government, is a role for state and

74
00:05:00,920 --> 00:05:04,320
Speaker 1: local governments, and there's a role for the industry. We

75
00:05:04,360 --> 00:05:08,919
Speaker 1: think agencies like the Department of Energy and the Environmental

76
00:05:09,040 --> 00:05:13,159
Speaker 1: Protection Agency could come together with communities, with states and

77
00:05:13,200 --> 00:05:18,280
Speaker 1: the industry to develop some effective, evidence based environmental performance

78
00:05:18,279 --> 00:05:21,640
Speaker 1: standards for the deployment of this type of tech these

79
00:05:21,960 --> 00:05:25,400
Speaker 1: technologies in communities. We want to make sure that communities

80
00:05:25,400 --> 00:05:30,279
Speaker 1: are protected from air pollution, from water pollution, from noise

81
00:05:30,279 --> 00:05:34,640
Speaker 1: pollution UH and also that these crypto assets are helping

82
00:05:34,680 --> 00:05:37,360
Speaker 1: the grid which there is some innovation that potentially that

83
00:05:37,360 --> 00:05:45,039
Speaker 1: these could do this rather than harming the grid. We

84
00:05:45,160 --> 00:05:48,760
Speaker 1: also see a potential role for the Department Energy and

85
00:05:48,839 --> 00:05:53,080
Speaker 1: others to make sure that as these crypto assets grow quickly,

86
00:05:53,600 --> 00:05:57,960
Speaker 1: that we maintain energy affordability and reliability. And that's one

87
00:05:58,000 --> 00:06:00,800
Speaker 1: of the things that we found that was surprising is

88
00:06:00,839 --> 00:06:04,120
Speaker 1: that this is an industry that can grow really fast.

89
00:06:04,480 --> 00:06:06,200
Speaker 1: And it's not to say that it will continue to

90
00:06:06,240 --> 00:06:09,719
Speaker 1: grow at that rate. The future growth is depends on

91
00:06:09,720 --> 00:06:13,120
Speaker 1: a whole bunch of different factors. But because of the

92
00:06:13,160 --> 00:06:16,160
Speaker 1: ability to grow really fast, we want to make sure

93
00:06:16,400 --> 00:06:19,560
Speaker 1: that the public is protected and that innovation can still

94
00:06:19,640 --> 00:06:25,720
Speaker 1: drive towards net zero emissions, lowest cost electricity, and healthy communities. Well,

95
00:06:25,720 --> 00:06:28,920
Speaker 1: when you you mentioned in there the you know, the

96
00:06:29,160 --> 00:06:32,240
Speaker 1: federal government working with states to address some standards or

97
00:06:32,520 --> 00:06:36,640
Speaker 1: create some standards to address pollution um and in the report,

98
00:06:36,880 --> 00:06:40,880
Speaker 1: you know you mentioned that if that doesn't work, the

99
00:06:40,880 --> 00:06:43,880
Speaker 1: White House may want to consider executive actions or Congress

100
00:06:43,880 --> 00:06:47,240
Speaker 1: may want to consider legislation. Is there sort of a

101
00:06:47,279 --> 00:06:49,240
Speaker 1: tipping point in your mind for when it would be

102
00:06:49,320 --> 00:06:53,039
Speaker 1: necessary to resort to kind of the plan B in

103
00:06:53,120 --> 00:06:57,719
Speaker 1: that particular part of the report, and I think when

104
00:06:57,760 --> 00:07:04,680
Speaker 1: we when we stand on our principles healthy communities, affordable energy,

105
00:07:04,880 --> 00:07:07,719
Speaker 1: getting to net zero emissions, we can have a lot

106
00:07:07,760 --> 00:07:13,080
Speaker 1: of room for current innovation without any additional actions. So

107
00:07:13,120 --> 00:07:17,000
Speaker 1: there's no outline tipping point, there's no spreadsheet that says

108
00:07:17,280 --> 00:07:20,400
Speaker 1: after this other actions should be necessary. But I do

109
00:07:20,480 --> 00:07:25,320
Speaker 1: think it's important that as this industry grows and continues

110
00:07:25,360 --> 00:07:29,480
Speaker 1: to grow, that they grow in in balance and in

111
00:07:29,840 --> 00:07:34,080
Speaker 1: um in connection with the communities that they're operating in. Well,

112
00:07:34,320 --> 00:07:35,960
Speaker 1: and one last question from me, and then I think

113
00:07:35,960 --> 00:07:38,840
Speaker 1: we'll turn to some audience questions. But you know, when

114
00:07:38,840 --> 00:07:43,280
Speaker 1: I talked to the crypto industry UM about some of

115
00:07:43,320 --> 00:07:46,600
Speaker 1: the concerns regarding proof of work, you know, a lot

116
00:07:46,640 --> 00:07:50,600
Speaker 1: of the times they'll give me a sense of being

117
00:07:50,720 --> 00:07:54,360
Speaker 1: unfairly singled out when other industries. Often they'll say cloud

118
00:07:54,360 --> 00:07:57,880
Speaker 1: computing also use a sizeable amount of energy. I'm curious

119
00:07:57,920 --> 00:08:00,280
Speaker 1: to get your thoughts on this, UM and why has

120
00:08:00,320 --> 00:08:05,360
Speaker 1: this become an area that's gotten so much attention. Well,

121
00:08:05,400 --> 00:08:07,680
Speaker 1: the reason that we looked at this is because there

122
00:08:07,760 --> 00:08:09,920
Speaker 1: was an executive order and we were tasked by the

123
00:08:09,920 --> 00:08:14,880
Speaker 1: President to understand this specific industry. I do think UM

124
00:08:14,920 --> 00:08:19,760
Speaker 1: that the the thing that makes this industry different from

125
00:08:19,800 --> 00:08:24,160
Speaker 1: many other types of new and emerging uses is the

126
00:08:24,200 --> 00:08:27,520
Speaker 1: ability to grow fast. As I keep mentioning that UM

127
00:08:27,880 --> 00:08:30,679
Speaker 1: United States was home to about three and a half

128
00:08:30,680 --> 00:08:34,320
Speaker 1: percent of bitcoin mining a couple of years ago, and

129
00:08:34,360 --> 00:08:39,160
Speaker 1: now it's more than thirty and so it's important to

130
00:08:39,280 --> 00:08:44,000
Speaker 1: understand how those trends can develop and how to minimize

131
00:08:44,000 --> 00:08:48,719
Speaker 1: impacts on communities. You know, the last big recommendation that

132
00:08:48,760 --> 00:08:53,400
Speaker 1: we had in this report is really about innovation, and

133
00:08:53,640 --> 00:08:56,160
Speaker 1: you know, I think we'll probably get into it um

134
00:08:56,240 --> 00:08:59,560
Speaker 1: as as we continue this conversation, but there is innovation

135
00:08:59,640 --> 00:09:04,400
Speaker 1: to you use digital assets and crypto assets in in

136
00:09:04,480 --> 00:09:09,120
Speaker 1: reducing greenhouse gas emissions from vented methane, for example, or

137
00:09:09,240 --> 00:09:14,880
Speaker 1: by potentially using crypto assets to take advantage of renewable

138
00:09:15,000 --> 00:09:17,880
Speaker 1: energy that is not able to get to population centers.

139
00:09:20,440 --> 00:09:22,959
Speaker 1: One piece that that was in the report but I

140
00:09:23,000 --> 00:09:26,000
Speaker 1: didn't see get a lot of notice, was that distributed

141
00:09:26,040 --> 00:09:31,480
Speaker 1: ledger technology was used to help the California system reduce

142
00:09:31,559 --> 00:09:35,040
Speaker 1: its electricity use in in its grid stress events that

143
00:09:35,080 --> 00:09:38,520
Speaker 1: were happening in September. And again, as long as we

144
00:09:38,600 --> 00:09:44,160
Speaker 1: stand on those principles, net zero grid, affordable and reliable electricity,

145
00:09:44,440 --> 00:09:47,640
Speaker 1: and not harming communities. I think there's a huge potential

146
00:09:47,679 --> 00:09:52,280
Speaker 1: benefit to driving innovation in this second coming up more

147
00:09:52,320 --> 00:09:55,520
Speaker 1: from the Twitter spaces conversation with Alison Vera Sprawl, David

148
00:09:55,559 --> 00:10:06,760
Speaker 1: Pan and Costa Samaras from the White House. We have

149
00:10:06,880 --> 00:10:12,920
Speaker 1: a question from the audience on UM using stranded methane

150
00:10:13,040 --> 00:10:18,319
Speaker 1: to power mining. So this is from Denny from Duxbury, Massachusetts,

151
00:10:19,000 --> 00:10:22,320
Speaker 1: UM asking can bitcoin mining powered by natural gas that

152
00:10:22,320 --> 00:10:24,960
Speaker 1: would have otherwise been flared to help fund investments in

153
00:10:25,040 --> 00:10:29,040
Speaker 1: renewable energy UM the The example that they give is

154
00:10:29,160 --> 00:10:31,960
Speaker 1: in Texas, some shale drilling rigs are located beyond the

155
00:10:31,960 --> 00:10:35,680
Speaker 1: reach of pipelines, so the gas must be flared, releasing methane.

156
00:10:35,920 --> 00:10:39,280
Speaker 1: If this gas is instead used to power a mobile

157
00:10:39,320 --> 00:10:42,480
Speaker 1: bitcoin mining rig, a portion of those revenues could be

158
00:10:42,559 --> 00:10:46,080
Speaker 1: channeled into renewable energy, thereby hoping the US become more

159
00:10:46,200 --> 00:10:51,200
Speaker 1: energy independent. Any thoughts on this. So, venting and flaring

160
00:10:51,240 --> 00:10:54,720
Speaker 1: methane happens at a bunch of different places. Happens at

161
00:10:54,720 --> 00:10:57,880
Speaker 1: oil and gas well, it happens at landfill, happens at

162
00:10:58,120 --> 00:11:02,319
Speaker 1: some sewage treatment, and some agriculture role. Processes and venting

163
00:11:02,360 --> 00:11:05,120
Speaker 1: and flaring methane at oil and gas wells waste about

164
00:11:05,160 --> 00:11:08,280
Speaker 1: four percent of global methane a year and contributes to

165
00:11:08,280 --> 00:11:10,880
Speaker 1: about four hundred million metric tons of c O two,

166
00:11:10,960 --> 00:11:15,000
Speaker 1: about point seven percent of global greenhouse gas emissions. So

167
00:11:15,240 --> 00:11:18,520
Speaker 1: in a world that gets to net zero emissions, we

168
00:11:18,559 --> 00:11:24,080
Speaker 1: want zero methane flare venting and methane flaring. If methane,

169
00:11:24,160 --> 00:11:26,920
Speaker 1: that would have been vented, So no methane should be

170
00:11:27,000 --> 00:11:29,440
Speaker 1: vented at all. The methane venting is bad. And so

171
00:11:29,480 --> 00:11:32,200
Speaker 1: why is it bad Because methane is a very potent

172
00:11:32,240 --> 00:11:36,240
Speaker 1: greenhouse gas emission. It's twenty seven to thirty times the

173
00:11:36,360 --> 00:11:40,120
Speaker 1: global warming potential of carbon dioxide over a hundred year timeframe,

174
00:11:40,440 --> 00:11:42,760
Speaker 1: and in the near term it's eighty times. It's powerful

175
00:11:42,760 --> 00:11:46,160
Speaker 1: of CEO two. So venting methane directly to the atmosphere

176
00:11:46,600 --> 00:11:48,760
Speaker 1: is bad for climate change, and we want to do

177
00:11:48,840 --> 00:11:52,920
Speaker 1: everything that we can to avoid that. And so typically

178
00:11:52,920 --> 00:11:56,679
Speaker 1: what's happened is vented methane is flare, just lit on fire,

179
00:11:57,040 --> 00:12:01,760
Speaker 1: completely wasted, and it's better that have flared methane than

180
00:12:01,920 --> 00:12:05,440
Speaker 1: vented methane. It would be even better to have that

181
00:12:05,520 --> 00:12:09,280
Speaker 1: methane be captured and used rather than wasted into the air.

182
00:12:09,760 --> 00:12:14,160
Speaker 1: And if mining operations can use vented or flared methane

183
00:12:14,200 --> 00:12:18,400
Speaker 1: to generate the electricity to do mining operations, there can

184
00:12:18,440 --> 00:12:23,840
Speaker 1: be a positive climate impact. So yes, absolutely, we want

185
00:12:23,840 --> 00:12:26,560
Speaker 1: to get venting to zero. We want to get flaring

186
00:12:26,600 --> 00:12:30,000
Speaker 1: as close as possible to zero. Again, this has to

187
00:12:30,000 --> 00:12:33,599
Speaker 1: be done in the understanding of impacts to local communities.

188
00:12:33,600 --> 00:12:36,320
Speaker 1: So flaring is still going to create CEO two. Flaring

189
00:12:36,360 --> 00:12:39,280
Speaker 1: is still going to create some emissions, and it's important

190
00:12:39,360 --> 00:12:44,920
Speaker 1: that additional flaring is not overburdening communities that have historically

191
00:12:44,920 --> 00:12:48,280
Speaker 1: had lots of amount of pollution. All right, well let's

192
00:12:48,280 --> 00:12:50,120
Speaker 1: go ahead then, I think this is a good time

193
00:12:50,200 --> 00:12:53,480
Speaker 1: to kick it over to David Pan, our bitcoin mining reporter.

194
00:12:54,040 --> 00:12:56,920
Speaker 1: So David over to you. Thank you. So here's the

195
00:12:57,000 --> 00:13:00,640
Speaker 1: question from the one of the listeners. So she is asking,

196
00:13:00,720 --> 00:13:05,760
Speaker 1: what are the top three enabling or complimentary policies the

197
00:13:05,800 --> 00:13:10,720
Speaker 1: administration could implement to leverage bitcoin mining as a tool

198
00:13:11,040 --> 00:13:14,480
Speaker 1: for lower and growing house gas emissions. Well, you know,

199
00:13:14,840 --> 00:13:20,120
Speaker 1: the recommendations from our report focus on better information, minimizing

200
00:13:20,120 --> 00:13:23,319
Speaker 1: impacts on communities, and driving innovation, and so those are

201
00:13:23,320 --> 00:13:26,680
Speaker 1: the three the areas that we focused on going forward.

202
00:13:26,960 --> 00:13:30,960
Speaker 1: The question is how can mining drive towards net zero emissions?

203
00:13:31,000 --> 00:13:34,840
Speaker 1: I would put that under our Driving Innovation recommendation, and

204
00:13:34,880 --> 00:13:40,400
Speaker 1: really it's demonstrating the ability and the trend, the preference

205
00:13:40,440 --> 00:13:46,240
Speaker 1: and ultimately, hopefully the majority operating conditions that this industry

206
00:13:46,520 --> 00:13:52,880
Speaker 1: drives towards building additional renewables, building additional storage, getting emissions

207
00:13:52,920 --> 00:13:57,640
Speaker 1: down to net zero as quickly as possible. Thank you

208
00:13:57,720 --> 00:14:01,000
Speaker 1: to Allison, David Anto Costa Samorrow. You can find more

209
00:14:01,040 --> 00:14:04,640
Speaker 1: of Allison's reporting and of David's reporting on the Bloomberg terminal,

210
00:14:04,720 --> 00:14:08,000
Speaker 1: on Bloomberg dot com or on Twitter. Allison is at

211
00:14:08,040 --> 00:14:11,400
Speaker 1: ali their sprill that's a L L y v E

212
00:14:11,640 --> 00:14:14,840
Speaker 1: R s p R I L l E, and David

213
00:14:14,960 --> 00:14:18,120
Speaker 1: is at david Pan Underscore one. That's d A v

214
00:14:18,320 --> 00:14:35,360
Speaker 1: I d p A N Underscore one. On the next

215
00:14:35,360 --> 00:14:38,880
Speaker 1: episode of Bloomberg Crypto for Poets, April might be the

216
00:14:38,880 --> 00:14:42,600
Speaker 1: cruelest month for traders, though September is definitely the one

217
00:14:42,640 --> 00:14:45,680
Speaker 1: to fare. So what's the outlook for crypto prices as

218
00:14:45,680 --> 00:14:47,960
Speaker 1: we head towards the end of the year. Is there

219
00:14:48,000 --> 00:14:50,800
Speaker 1: any sign of a thought in this Crypto Winter, who

220
00:14:50,840 --> 00:15:04,240
Speaker 1: can say or guests m This is Bloomberg Crypto, a

221
00:15:04,360 --> 00:15:07,720
Speaker 1: daily podcast from Bloomberg and I Heart Radio. For more

222
00:15:07,760 --> 00:15:10,400
Speaker 1: shows from I Heart Radio, visit the I Heart Radio app,

223
00:15:10,640 --> 00:15:14,760
Speaker 1: Apple Podcasts, or wherever you get your podcast. Send us

224
00:15:14,800 --> 00:15:17,640
Speaker 1: your comments, questions, or suggestions for the show to Crypto

225
00:15:17,720 --> 00:15:20,840
Speaker 1: at Bloomberg dot net or find us on Twitter. We're

226
00:15:20,880 --> 00:15:26,800
Speaker 1: at Crypto. The supervising producer of Bloomberg Crypto is Vicky Verglina.

227
00:15:27,200 --> 00:15:31,280
Speaker 1: Our senior producer is Janet Babin. Associate producer is Moses

228
00:15:31,320 --> 00:15:35,400
Speaker 1: on them Desta wonder At is our engineer. Original music

229
00:15:35,560 --> 00:15:40,280
Speaker 1: by Leo Sidran. I'm Stacy Marie Shmal. We'll be back

230
00:15:40,280 --> 00:15:40,640
Speaker 1: tomorrow