Dalio, Brainard, Lummis: Your Guide to Day 1 at Consensus 2021

Bitcoin's energy use, ether as hard money, Ray Dalio on the future of inflation and bitcoin as a hedge asset. Here's your guide for Day 1 of Consensus.

By Daniel KuhnCoinDesk Insights
May 24, 2021 at 11:30 a.m. UTCUpdated Sep 14, 2021 at 12:59 p.m. UTC
By Daniel KuhnCoinDesk Insights
May 24, 2021 at 11:30 a.m. UTCUpdated Sep 14, 2021 at 12:59 p.m. UTC

There’s a lot happening throughout the first day of Consensus 2021. Here are few sessions, panels and workshops I’d be sure not to miss.

This article is excerpted from The Node, sending twice daily this week to cover the biggest news from our virtual Consensus conference. Subscribe to receive the full newsletter here. And register for Consensus here.

You can see a full schedule of events here (just scroll down).

Your guide

09:00 – 09:30 a.m. Special Address by Dr. Lael Brainard
Dr. Lael Brainard of the Federal Reserve Board of Governors will give an address discussing her latest thinking on digital currencies.

09:30 – 10:30 a.m. First Principles: Ray Dalio on Money, Monetary Policy and Bitcoin
The founder of Bridgewater Associates, the largest hedge fund, Ray Dalio will offer his thoughts on the future of money and monetary policy in the post-COVID environment. He will also share his evolving views on how disruptive assets such as bitcoin might fit into the global financial system that will emerge from this moment.

12:00 – 12:25 p.m. Washington, Politics and Governing in a Bitcoin-ized World, With Sen. Cynthia Lummis
U.S. Sen. Cynthia Lummis of Wyoming joins Meltem Demirors to discuss how bitcoin's supra-sovereign nature has re-shaped her perspective on politics, governing and old-world institutions like the U.S. Congress.

02:30 – 03:00 p.m. Reframing Bitcoin's Energy: ESG, Time Preference and Public Perception
Bitcoin is joining a long list of "dirty" industries due to its intense resource consumption. Energy experts, and bitcoin bulls, like Luxor CFO Ethan Vera, Research and Content Director at Compass Mining Zack Voell and Director of Business Development of Great American Mining Marty Bent put the conversation in perspective.

05:00 – 05:30 p.m. Long the Metaverse VR Talk
Join us in our VR recording studio as our curator and host, BoomboxHead, interviews cryptoartists from “Long the Metaverse” VR Exhibition! Featuring: Skeenee, Rare Designer, George Boya, Alotta Money, Reinhard and Sturec.

8:40 - 8:50 p.m. How ETH is 'Ultra' Sound Money
Bankless’ David Hoffman will speak about how Ethereum's EIP1559 and Proof of Stake transition will make ETH into a more scarce asset than bitcoin.

The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
Argo Blockchain Q1 Net Income Plunges 90% to $2.1M

Bitcoin was priced in the $40,000 range for much of Q1 compared with nearly $60,000 in the same period a year earlier.

Bitcoin was priced in the $40,000 range for much of Q1 compared with nearly $60,000 in the same period a year earlier.

2
Nearly 5,505 Ether, or $10M of the $625M Ronin Exploit, Are on the Move

Over 5,505 ether connected to the Ronin exploiter address seem to be on the move via privacy exchange Tornado Cash, blockchain data shows.

Over 5,505 ether connected to the Ronin exploiter address seem to be on the move via privacy exchange Tornado Cash, blockchain data shows.

3
First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness

A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.

A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.

4
Musk Sets New Condition for Twitter, Citi Says Terra’s Fallout Unlikely to Hit Wider Financial System

The most valuable crypto stories for Tuesday, May 17, 2022.

The most valuable crypto stories for Tuesday, May 17, 2022.