Cover image of Erik Voorhees

Erik Voorhees

65 Podcast Episodes

Latest 8 Feb 2023 | Updated Daily

Episode artwork

151 - Why Are We Here? with Erik Voorhees


✨ DEBRIEF | Unpacking the Episode: https://shows.banklesshq.com/p/debrief-erik-voorhees-why-are-we-here ------ Erik Voorhees is a crypto veteran of veterans. He’s one of the greatest advocates of open and permissionless systems that we have in this space. In this episode we talk about his legendary debate with SBF—this is the first time we’ve caught up with him since. What are his reflections now? We also dive into how this bull/bear cycle is similar and different from previous ones, how do we preserve crypto’s core principles, and most importantly—why are we here? Why crypto? Why now? Why stay? Erik doesn’t waste a word in this episode. Happy New Year everyone. Let’s keep building. ------ 📣 Kraken | The Crypto Exchange for Everyone http://k.xyz/bankless-pod ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/?utm_source=banklessshowsyt  🎙️ SUBSCRIBE TO PODCAST: https://availableon.com/bankless ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken 🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum ------ Topics Covered 0:00 Intro 6:17 Where Did Crypto Go Wrong? 8:43 Crypto Labels 12:30 Responsibility 14:26 Accountability 18:19 FTX Collapse From Erik’s POV 24:05 SBF’s Headspace 28:45 Potential Alternative Realities 30:50 SBF’s D.C. Relationship 34:47 Was this Cycle Unique? 38:58 Lessons From Past Cycles 43:36 Learning Through the Pain? 48:33 Why is Individual Empowerment Correct? 50:20 Coordination & Order 54:26 Power 1:02:22 The U.S. Constitution 1:07:13 Code Enforcement 1:08:07 Why Are We Here? 1:09:49 Baked-In Crypto Principles 1:13:03 Perserving Core Crypto Values 1:16:48 Is Erik Radical? 1:21:44 Will Crypto Ever Go Mainstream? 1:25:53 Cycle Common Denominators 1:28:19 Bear Market Advice 1:29:31 Erik’s Bull Market Forcast 1:32:00 Action Items & Disclaimers ------ Resources: SBF vs Erik Voorhees episode https://youtu.be/Ytaa_5liwMA A Response to SBF and Principled Crypto Regulation https://www.moneyandstate.com/blog/response-to-sbf Sophistry and the Savior https://www.moneyandstate.com/blog/sophistry-and-the-savior 24 - Exploring the Frontier | Erik Voorhees https://youtu.be/rLsOHOvUOpM ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

1hr 33mins

2 Jan 2023

Episode artwork

Lies, Theft, & Orgies In The Bahamas: FTX Crypto Explained | Erik Voorhees

The Michael Knowles Show

Erik Voorhees joins the show to discuss the strange story of Sam Bankman-Fried and the FTX crypto crash. Learn more about your ad choices. Visit podcastchoices.com/adchoices


27 Nov 2022

Similar People

Episode artwork

Erik Voorhees and Cobie on Why FTX Loaned Out Customers’ Assets - Ep. 419


 Erik Voorhees, founder of ShapeShift, and Jordan Fish, aka Cobie, crypto investor and host of UpOnly, talk about the collapse of FTX. Show highlights: the links between FTX and Alameda what kickstarted the blowup of FTX why Erik and Cobie think that Bankman-Fried's behavior was “sociopathic” why the $10 billion hole is so shocking to Cobie considering the advantages that FTX had as a company whether this would have ever happened if the prices hadn’t plummeted in the bear market the tension between advocates of privacy and those who want to limit criminal activity why Erik believes that SBF’s donations to both political parties are bribery whether regulators can prevent an exchange from collapsing whether Changpeng Zhao did a better job at investigating FTX than anyone at the SEC the likelihood that this will result in criminal charges how blockchain technology is the solution to the problem of centralized exchanges doing things in the dark Tether’s decision to freeze USDT owned by FTX Erik’s response to Bitcoin maximalists who say FTX was caused by altcoins whether it is a mistake for exchanges to issue their own tokens how big the contagion could be in the industry why nobody should leave a significant amount of their net worth in a centralized exchange Erik’s message to regulators whether SBF was aligned with the values and the ethos of crypto Thank you to our sponsors!Crypto.comAva LabsDeFi SaverErik: Twitter ShapeShift Previous Unchained episodes: Why ShapeShift’s Erik Voorhees Thinks Toxic Bitcoin Maximalism Is Bullshit Shapeshift’s Erik Voorhees on How Crypto Will Separate Money and State Cobie: Twitter Substack UpOnly Previous Unchained episodes: Cobie and Chris Burniske on How to Navigate a Crypto Bear Market Episode LinksPrevious coverage of Unchained: Sam Bankman-Fried on How to Prevent the Next Terra and 3AC The Chopping Block: FTX: The Biggest Collapse in the History of Crypto? FTX Collapse: FTX Tapped Into Customer Accounts to Fund Risky Bets, Setting Up Its Downfall SBF’s video talking to regulators Unchained coverage: FTX May File for Bankruptcy After Binance Walks Off the Deal FTX Needs $8B to Meet Investor Withdrawals: Report Tron Founder Justin Sun Says He Is Working With FTX on a Solution US DOJ Joins SEC and CFTC Probe of FTX FTX-Issued Wrapped Solana Tokens Could Add to DeFi Contagion: wBTC Creator Sequoia Capital Writes Off $214M FTX Investment to Zero Binance’s dropped deal with FTX CZ’s announcement SBF’s announcement Binance’s merkle-tree proof-of-reserves Unchained coverage: Binance Set to Buy FTX Amid Liquidity Crisis SBF’s Net Worth Plummets 94% In One Day: Report There are Rumors that Alameda Went Down With 3AC in Q2 Alameda Owes More Than $30M in DeFi Debt Coinbase and Genesis Declare No Exposure to Collapsing FTX  Binance Might Have Triggered a Liquidity Crisis as FTX’s Main Wallet Lost 290K ETH in Two Days Binance to Liquidate Millions Worth of its FTX’s Token Holdings FTX’s Stablecoin Reserves Hit One-Year Low Alameda’s Balance Sheet Sparks Controversy Crypto regulation Industry Leaders Debate How to Regulate DeFi Bankless debate between SBF and Erik Voorhees  Learn more about your ad choices. Visit megaphone.fm/adchoices

1hr 6mins

11 Nov 2022

Episode artwork

SBF vs. Erik Voorhees: How Do We Regulate Crypto?


A debate between two crypto titans on how to regulate crypto. Whether to regulate crypto? Where do we draw the line? Study and remember this one anon. ------ Push | Try the Communication Protocol of Web3 https://bankless.cc/Push ------ SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/  ️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: ️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum DESO | DECENTRALIZED SOCIAL BLOCKCHAIN https://bankless.cc/Deso BRAVE | THE BROWSER NATIVE WALLET https://bankless.cc/Brave TRUEFI | CRYPTO FINANCIAL HUB https://bankless.cc/TrueFi SEQUENCE | ALL-IN-ONE PLATFORM https://bankless.cc/Sequence ️FUEL | THE MODULAR EXECUTION LAYER https://bankless.cc/Fuelpod ------ Timestamps: 0:00 Intro 7:36 Should Crypto Be Regulated? 23:50 Transparency 25:55 Showing Up & BitLicense 36:50 Erik's Issues with Sam's Post 52:12 The DeFi Regulation Debate 1:24:27 Why Regulation Now? 1:40:10 DCCPA 1:53:04 Stealmanning Eachother's Points 2:01:55 Closing Arguments 2:06:17 Closing & Disclaimers ------ Resources: SBF https://twitter.com/SBF_FTX Erik Voorhees https://twitter.com/ErikVoorhees SBF Proposal https://twitter.com/SBF_FTX/status/1582835426116575235 Erik Voorhees's Rebuttal https://www.moneyandstate.com/blog/response-to-sbf ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

1hr 54mins

31 Oct 2022

Most Popular

Episode artwork

What You Need to Know About the New Crypto Regulations w/ Erik Voorhees


Erik Voorhees is Bitcoin OG investing since 2011, and founder of Shapeshift. We discuss the new crypto regulations being debated, how this could go wrong, the best outcome, how we win, how to regulate Defi, when the changes could take place, what it means for your coins, and more. You might have seen the debates on Twitter or across Youtube and this episode perfectly sums up why crypto regulation is such a hot topic right now. Thank you for tuning in. If you can spare 5 seconds to leave a review/rating on iTunes, I appreciate it. It helps others find the show.   Show sponsors: •Bybit: Trade Bitcoin, ETH, or your favorite altcoins on the best trading platform in crypto. See the tokens on my watchlist in a token bundle on Bybit: Bybit Token Bundle Use the show link for a Bitcoin deposit bonus on new trading accounts: https://partner.bybit.com/b/luke


29 Oct 2022

Episode artwork

Bringing DeFi to Bitcoin with Chad Barraford and Erik Voorhees

The Charlie Shrem Show

Today’s guests are Chad Barraford and Erik Voorhees. Chad Barraford is the technical lead at Thorchain, a decentralized liquidity network. Before this, he served as Chief Technology Officer at the Skyy Network, where he designed and built air traffic management on a blockchain. Barraford was also the Founder and Chief Executive Officer of Cryptocades, an online gaming site that utilizes a device’s spare computing to mine Monero. THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their investments in the process. Erik Voorhees is the founder of the startup ShapeShift.io, a Bitcoin and altcoin exchange. He is a dedicated supporter of Bitcoin and frequently is a speaker at related conferences and meetings. Voorhees believes the national monetary system has essential problems, and he, being an opponent of taxation, is actively involved in the creation of cryptocurrency regulation. He is also advocating for the use of smart contracts. We discuss various topics, including Thorchain, ShapeShift, open source systems, the permissionless revolution, and much more. We begin our conversation by discussing ShapeShift’s transition to becoming a DAO. Erik discusses where the idea started and what compelled the company to transition to DAO. Erik explains the various reasons that influenced the company's decision to become a DAO. We transitioned to discuss ThorChain. We begin our conversation about ThorChain by discussing THORChain's origins and how it garnered so much interest. We discuss the ambition of the project. Chad explains why Thorchain is against the use of bridges and wrapped assets. We discuss how wrapped assets and bridges are not decentralized and how they limit the full potential of crypto. Erik discusses what attracted him to Thorchain and how his experience running ShapeShift informed him of the need for infrastructure that enabled trustless swapping of assets. Erik goes on to explain how Thorchain is able to allow decentralized swapping. We transition to discuss Thorchain’s commitment to creating a permissionless system. Chad and Erik explain how the system derives its security and how this is enabled by how Thorchain was designed and engineered. We transition to discuss how anyone can get involved with the projects because they are open source and why this leads to more innovation over time. We discuss how tokenomics incentives users and builders by giving them a vested interest in these protocols. Our next conversation topic centered around why value will accrue to the protocols that are open and permissionless. The final topic we discussed was where the yield is derived from on THORChain. Erik explains how the yield on THORChain is directly coming from the fee revenue generated. Erik also touches on the nuances of being an LP on THORChain by describing how all the pools are denominated in RUNE and why that makes the system more stable.--This podcast is powered by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at https://blockworks.co


9 Aug 2022

Episode artwork

Flashback:The Bitcoin Podcast #361-Erik Voorhees Founder of Shapeshift

The Bitcoin Podcast

******THIS EPISODE IS SPONSOR BY MANSCAPE****** Get 20% OFF @manscaped + Free Shipping with promo code TBPNSMOOTH at MANSCAPED.com  Social Media Of ShapeShift Website: https://shapeshift.com/YouTube: https://www.youtube.com/channel/UCu3maYVeb18l2b1gqjO5KeQTwitter:https://twitter.com/ShapeShift_ioTelegram:https://t.me/shapeshiftofficialDiscord: https://discord.com/invite/dVVkMhb Erick Voorhees Twitter: https://twitter.com/ErikVoorhees The Bitcoin Podcast Social Media Join-Slack: https://launchpass.com/thebitcoinpodcastPatreon:https://www.patreon.com/TheBitcoinPodcastNetworkWebsite: http://thebitcoinpodcast.com/Twitter: https://twitter.com/thebtcpodcast

1hr 56mins

8 Mar 2022

Episode artwork

Ep. 2: Erik Voorhees, Crypto O.G.

gm from Decrypt

Don't call Erik Voorhees the CEO of ShapeShift -- he recently fired himself as CEO when the company converted to a DAO. Voorhees is a true believer who has been in crypto since the beginning. He talks to Dan Roberts and Jeff Roberts about the three biggest years for crypto in its history, the rise of DAOs and how they could replace some companies, and the crypto political landscape in America. For more from Decrypt, visit decrypt.co and follow @decryptmedia on Twitter.Hosts, guests, and credits:Dan RobertsTwitter: @readDanwriteJeff RobertsTwitter: @jeffjohnrobertsErik VoorheesTwitter: @ErikVoorheesPodcast art by Grant Kempstergm from Decrypt is a Redd Rock Music PodcastInstagram: @reddrockmusicwww.reddrockmusic.com See acast.com/privacy for privacy and opt-out information.


1 Feb 2022

Episode artwork

An Inquiry into Decentralization with Erik Voorhees (WiM083)

The "What is Money?" Show

Erik Voorhees joins me to explore the nature of decentralization.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTErik’s Twitter: https://twitter.com/ErikVoorheesErik’s Company: https://shapeshift.com/PODCASTPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:OUTLINE00:00:00 “What is Money?” Intro00:00:08 How Do We Determine Decentralization?00:06:09 Decentralization is Solely for Censorship-Resistance?00:09:24 Does Ethereum’s Pre-mine Prohibit its Decentralization?00:13:08 The Ethereum Post-DAO Hack Fork00:17:57 “Code Is Law”00:22:07 Ethereum Is Not Money; It Is Liquid Venture Capital00:26:50 Is Ethereum Market-Proven?00:28:33 Is Decentralized Exchange a Valid Use Case?00:35:43 The Indivisibility of the Bitcoin Social Layer00:37:57 What is the Total Addressable Market for Ethereum?00:41:00 The “Ultra-Sound Money” Narrative00:46:33 The Store of Value Marketplace Dynamics00:51:30 Is Lightning Network Decentralized?00:56:53 NYDIG00:58:00 What is Shapeshift?01:04:22 Where is Shapeshift on the Path to Decentralization?01:10:14 What are Decentralized Autonomous Organizations (DAOs)?01:15:45 Current Law Does Not Contemplate the Existence of DAOs01:19:10 Are Other Organizations Pursuing the Path of Decentralization?01:23:09 The Governance Model of Shapeshift DAO01:27:21 Why Not Build All DAOs on Bitcoin?01:30:55 The Non-Coercive Politics of Decentralized Protocols01:38:40 ICOs and Self-Regulation01:43:19 Can Self-Regulation Work in Practice?01:52:30 What is the Utility Value of Ethereum?01:59:23 What is the Endgame of Bitcoin and Decentralization?SOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22​WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESWorldclass Bitcoin Financial Services: https://nydig.com/Join Me At Bitcoin 2022 (10% off if paying with fiat, or discount code BREEDLOVE for Bitcoin): https://www.tixr.com/groups/bitcoinconference/events/bitcoin-2022-26217Put your Bitcoin to work. Earn up to 6% interest back on Bitcoin with Tantra: https://bit.ly/3CFcOmgAutomatic Recurring Bitcoin Buying: https://www.swanbitcoin.com/breedlove/Buy Bitcoin in a Tax-Advantaged Account: https://www.daim.io/robert-breedlove/Home Delivered Organic Grass-Fed Beef (Spend $159+ for 4 lbs. free): https://truorganicbeef.com/discount/BREEDLOVE22

2hr 7mins

2 Dec 2021

Episode artwork

Bitcoin Vs Altcoins 2 with Alex Gladstein & Erik Voorhees

What Bitcoin Did with Peter McCormack

“What I care about isn’t that Bitcoin succeeds, or that Ethereum succeeds, or that any specific project succeeds. What I care about is separating money from state; the entire financial system being built on market principles instead of coercion.”— Erik VoorheesLocation: RemotelyDate: Tuesday 16th NovemberProject: Human Rights Foundation & ShapeShiftRole: Chief Strategy Officer & CEO, FounderThe schism between Bitcoin maximalists, and those who champion altcoins, is a feature of the ecosystem. The arguments are well worn. However, the history of the debate has largely been regarded as toxic. Maximalists tend to believe that, at best, ‘altcoins’ are inferior iterations of Bitcoin that involve a compromise, usually greater centralization in favour of larger transaction capacity. The compounding issue is that the majority of these tokens are scams, efforts to rug pull ignorant retail investors. Either way, altcoins are neither aligned to, nor on a trajectory to align with, Bitcoin.Altcoin advocates point to the rapid innovation happening in the space, where the TradFi is being disrupted in real-time. This is whilst the promise of Bitcoin being a foundational layer for DeFi remains just that, a promise. In this interview, I discuss the ideological differences between Bitcoin and altcoins with Erik Voorhees & Alex Gladstein. We discuss the importance of Bitcoin, monetary policies, the political science of blockchains, and consensus & coercion.This episode’s sponsors:Gemini - Buy Bitcoin instantlyBlockFi - The future of Bitcoin financial servicesSportsbet.io - Online sportsbook & casino that accepts BitcoinCasa - The leading provider of Bitcoin multisig key security.Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets.Ledger - State of the art Bitcoin hardware walletCompass Mining - Bitcoin mining & hosting-----WBD425 - Show Notes-----If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following:Become a Patron and get access to shows early or help contributeMake a tip:Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2SQR Codes: BitcoinIf you do send a tip then please email me so that I can say thank youSubscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS FeedLeave a review on iTunesShare the show and episodes with your friends and familySubscribe to the newsletter on my websiteFollow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTubeIf you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.

1hr 37mins

18 Nov 2021