What podcasts say about Chris Giancarlo
Every statement, with the speaker, the exact quote and the moment it was said.
What Chris Giancarlo has said on podcasts
40 statements · 24 positive · 12 negative · 1 mixed · 3 neutral
State-sponsored actors should be targeted by federal agencies, not private companies.
“In the case of a state-sponsored actor, it'll have to come from a federal government law enforcement or military agency and not a private sector.”
Open the episode · Why America's New Cyber Privateers Can't Go After North KoreaListen at 0:16
Crypto will transform banking, finance, and money.
“This is a whole new architecture of finance. And it's going to change everything we know about banking and finance and even money itself.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 3:55
The United States still lacks a comprehensive crypto regulatory framework.
“here we are eight years later and we still don't have that framework.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 5:12
Private-sector cyber capabilities should be authorized to hack back criminal actors.
“why not modernize it from the 21st century and unleash really the awesome innovation capability of our own private sector to respond to these state-sponsored hackers like the Lazarus Group and others and hack them back?”
Open the episode · Why America's New Cyber Privateers Can't Go After North KoreaListen at 7:32
American banks have repeatedly lobbied against financial innovation.
“American banks have used their Washington lobbying clout for the last 40 or 50 years to resist every innovation.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 9:17
Banks will eventually adopt tokenized deposits.
“banks from Coast to coast, eventually going to have to adopt tokenized deposits anyway.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 10:25
Regulatory resistance delays adoption and harms regional banks.
“resisting, you know, regulatory and authorizing statutes only delay the inevitable and wind up hurting these regional banks anyway.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 10:36
Digital asset innovation survived regulatory persecution and became stronger.
“digital asset innovation did not die. It's survived. And in many ways, it's stronger because of it.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 13:45
Major banks and infrastructure providers are adopting digital-asset technology.
“all the major banks, all the major infrastructure providers like Depository Trust Clearing Corporation and Swift and others are now all moving into this asset class, are moving in, adopting this technology.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 14:01
Digital-asset technology improves efficiency, cost, and asset-location accuracy.
“Because it's more efficient. Why? Because it's lower cost. Why? Because it's much more accurate in terms of knowing where their things of value are, their collateral, their money.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 14:15
The government needs private-sector innovation to match cybercriminal capabilities.
“we need to turn to the private sector to really get the kind of innovation that's going to be on par. With the bad guys”
Open the episode · Why America's New Cyber Privateers Can't Go After North KoreaListen at 14:43
The financial system will move onto digital rails by 2040.
“within the next 12 to 15 years, by the year 2040, the entire financial system is going to be moved from its current analog state into digital rails, distributed ledger technology and tokenization.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 14:53
The current framework limits contractors to private criminal actors.
“They actually can't go after state actors. They can only go after black-hatted private actors.”
Open the episode · Why America's New Cyber Privateers Can't Go After North KoreaListen at 16:03
Regulated crypto derivatives markets are deep, liquid, transparent, and well-regulated.
“that market today, it's deep, it's liquid, it's transparent because it's on a regulated exchange. And most importantly, it's well-regulated.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 17:44
Private offensive operations could inadvertently trigger war.
“You don't want to back yourself into a war inadvertently.”
Open the episode · Why America's New Cyber Privateers Can't Go After North KoreaListen at 18:32
Bringing global perpetual markets onshore is the right policy.
“I think this is the right move.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 25:27
The CFTC can effectively regulate perpetual futures.
“I'm very confident the CFTC's got this.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 25:41
Digital-asset innovation should occur in the United States and support its economy.
“innovation should take place here in the United States, should support American capital formation, American risk hedging, and the American economy.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 30:37
Regulators should not obstruct financial innovation.
“regulators shouldn't be sand in the wheels of innovation.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 32:56
The current privateer framework is appropriately calibrated for now.
“I quite frankly think that this has probably got it just about right. for the time being”
Open the episode · Why America's New Cyber Privateers Can't Go After North KoreaListen at 34:32
Digital finance will combine centralized and decentralized power.
“I believe the digital network future is going to be as complex as the analog past. It's going to be a sort of rough equilibrium between centralized power in the financial system and decentralized power.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 36:57
Bitcoin will persist as a leading example of decentralized capital allocation.
“Bitcoin's not going away, and it's the best example we have of decentralized capital allocation.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 37:13
Non-networked electric grids provide protection against cascading cyberattacks.
“one of the protections we have is the non-networked. capability of our electric grid”
Open the episode · Why America's New Cyber Privateers Can't Go After North KoreaListen at 38:39
Digital finance could develop into extensive state control.
“It could also end up with enormous state control.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 39:02
The government may be quietly disseminating privateer operating standards.
“It's very possible that they may be disseminating them in a quiet fashion.”
Open the episode · Why America's New Cyber Privateers Can't Go After North KoreaListen at 41:38
Blockchain-based swaps would have revealed Lehman’s net exposures.
“If all of those swaps had been on a blockchain, we would have known.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 44:47
Blockchain technology should serve as Wall Street’s shared ledger.
“This technology should be the mutual ledger of all of Wall Street.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 44:58
Distributed ledgers will resolve crises caused by unknown gross exposures.
“things like bank crises, simply because we don't know the gross exposure, will be resolved.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 45:09
Democracies generally respond to closed societies through containment.
“containment... has always, not always, but has generally been the democratic response to close society”
Open the episode · Why America's New Cyber Privateers Can't Go After North KoreaListen at 47:50
The financial system will be rebuilt on digital rails by 2040.
“by 2040, the financial system is going to be rebuilt on digital rails.”
Open the episode · Wall Street, Regulation, and the Future of Money | J. Christopher GiancarloListen at 47:53
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.