About this episode
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 ►► JOIN THE FREE WOLF DEN NEWSLETTER https://thewolfden.substack.com/ ►►NORD VPN An essential crypto product to protect your privacy and keep your crypto safe! Sign up on my link below & enjoy the benefits of NORD VPN from just $4 a month. 👉https://nordvpn.com/WolfOfAllStreets GET UP TO A $8,000 BONUS IN USDT AND TRADE ALL SPOT PAIRS ON BITGET FOR ZERO FEES! ►► https://thewolfofallstreets.info/bitget Follow Scott Melker: Twitter: https://twitter.com/scottmelker Facebook: https://www.facebook.com/wolfofallstreets Web: https://www.thewolfofallstreets.io Spotify: https://spoti.fi/30N5FDe Apple podcast: https://apple.co/3FASB2c #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.