The Future of Global Money: How Real Is the Cryptocurrency Threat & Value?
Wednesday, September 1, 2021 @ 7pm Eastern
Via Zoom — hosted with the Alexander Grass Humanities Institute
An economist, a Pulitzer-winning journalist, a crypto CEO and a financial-markets law expert argued over whether digital currency is a revolution, a bubble, or both.
Featuring a panel of experts
Amy Crews Cutts
Chief Economist, AC Cutts & Associates
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Dr. Amy Crews Cutts is a nationally recognized thought leader and chief economist focused on providing strategic economic analysis rooted in practical business terms. Amy is the President and Chief Economist of AC Cutts & Associates LLC. She was previously Senior Vice President and Chief Economist for Equifax and Senior Director and Deputy Chief Economist at Freddie Mac before that. With over 25 years of economic analysis and policy development experience, Amy is a passionate advocate for expanding consumer access to low-cost, nonpredatory credit. She is a noted expert in credit reporting, consumer and small business credit markets, loan servicing, securitization, residential real estate including home equity and price indices, and trends in employment and compensation. Often quoted in national print and broadcast media, she has also published numerous studies in academic journals and books on such topics as the economics of subprime lending, the impact of technology on foreclosure prevention, and the drivers of strategic mortgage default. In 2015 she won the Pulsenomics® Crystal Ball Award for Outstanding Performance in The Zillow® Home Price Expectations Survey for her forecast accuracy and is a participant in the Wall Street Journal’s Monthly Survey of Leading Economists. Cutts holds a Master of Arts and Doctor of Philosophy in Economics from the University of Virginia and a Bachelor of Science degree in Applied Mathematics from Trinity University in San Antonio, TX. In 2015 she became a Certified Business Economist®, a distinction of professional achievement from the National Association for Business Economics (NABE). She serves on the board of directors for NABE and the National Business Economics Issues Council, and the policy advisory board for The Reinvestment Fund, the advisory board for Riskspan, and the housing advisory board for the National Foundation for Credit Counseling. She has taught economics at Georgetown University, Johns Hopkins University, the University of Virginia and was Assistant Professor of Economics and Senior Researcher in the Maxwell School for Citizenship and Public Affairs at Syracuse University.
Michael Hiltzik
Pulitzer Prize-winning journalist and author, Los Angeles Times
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Michael is a Pulitzer Prize-winning journalist and author who has written for the Los Angeles Times for three decades, serving as a financial and political writer, investigative reporter, technology writer and editor, and foreign correspondent in Africa and Russia. His columns on economics, business, public policy, and politics can be found at the LA Times. Michael’s latest book, Iron Empires: Robber Barons, Railroads, and the Making of Modern America, covers the nation’s history during the Gilded Age of the last 19th Century. His previous books are Big Science: Ernest Lawrence and the Invention that Launched the Military-Industrial Complex (2015), The New Deal: A Modern History (2011), the New York Times bestseller Colossus: Hoover Dam and the Making of the American Century (2010), The Plot Against Social Security (2005), Dealers of Lightning: Xerox PARC and the Dawn of the Computer Age (1999), and A Death in Kenya: The Murder of Julie Ward (1991). Michael received the 1999 Pulitzer Prize for articles exposing corruption in the entertainment industry. His other awards for excellence in reporting include the 2004 Gerald Loeb Award for outstanding business commentary and the Silver Gavel from the American Bar Association for outstanding legal reporting. A graduate of Colgate University and Columbia University, he lives in Southern California with his family.
Alex Mashinsky
Entrepreneur; CEO and co-founder, Celsius Network
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Alex is CEO and co-founder of Celsius, the centralized cryptocurrency lending platform. Celsius Network: ALEX MASHINSKY A Genius Corporate Structure With An Undervalued Token (Cryptocurrency:CEL-USD) Bitcoin will go all the way to $160,000 this year,’ says Celsius CEO. Alex is also one of the inventors of VOIP (Voice Over Internet Protocol) with a foundational patent dating back to 1994 and is now working on MOIP (Money Over Internet Protocol) technology. Over 35 patents have been issued to Alex, relating to exchanges, VOIP protocols, messaging and communication. Alex is a serial entrepreneur and founder of seven New York City-based startups, raising more than $1 billion and exiting over $3 billion. Alex founded two of New York City’s top 10 venture-backed exits since 2000: Arbinet, with a 2004 IPO that had a market capitalization of over $750 million; and Transit Wireless, valued at $1.2 billion. Alex has received numerous awards for innovation, including being nominated twice by E&Y as ‘Entrepreneur of the Year’, in 2002 & 2011; Crain’s 2010 Top Entrepreneur; the prestigious 2000 Albert Einstein Technology medal; and the Technology Foresight Award for Innovation (presented in Geneva at Telecom 99). As one of the pioneers of web-based exchanges, Alex authored patents that cover aspects of the Smart Grid, ad exchanges, Twitter, Skype, App Store, Netflix streaming concept and many other popular web companies. Additionally, Arbinet’s fundraising story was featured as a case study in 2001 by Harvard Business School.
Lee Reiners
Executive Director, Global Financial Markets Center, Duke Law
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Lee Reiners is executive director of the Global Financial Markets Center at Duke Law. At Duke Law, Reiners teaches FinTech Law and Policy as well as seminars relating to financial policy and regulatory practice. His broad research agenda focuses on how new financial technologies fit within existing regulatory frameworks. His work has examined the risks associated with cryptocurrency derivatives, the rise of digital investment advice, and corporate governance failures within the financial industry. He writes frequently on FinTech and other financial regulatory matters on The FinReg Blog and speaks with financial policy experts on the Global Financial Markets Center’s podcast, The FinReg Pod. Prior to joining Duke Law, Reiners worked for five years at the Federal Reserve Bank of New York (FRBNY), first as a supervisor of systemically important financial institutions and then as a senior associate within the executive office. In the latter capacity, he helped coordinate the FRBNY’s engagement with international standard-setting bodies, such as the Bank for International Settlements and the Financial Stability Board. While at the FRBNY, Reiners worked closely with other federal and state regulatory agencies.
William Egginton
Director, Alexander Grass Humanities Institute, Johns Hopkins University
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Bill is the Decker Professor in the Humanities at the Johns Hopkins University, Director of the Alexander Grass Humanities Institute, and Chair of Modern Languages and Literatures at Johns Hopkins University. He is the author of How the World Became a Stage (2003), Perversity and Ethics (2006), A Wrinkle in History (2007), The Philosopher’s Desire (2007), The Theater of Truth (2010), in Defense of Religious Moderation (2011), and The Man Who Invented Fiction (2016). He is co-author with David Castillo of Medialogies (2017). He is also co-editor with Mike Sandbothe of The Pragmatic Turn in Philosophy (2004), translator and editor of Lisa Block de Behar’s Borges, the Passion of an Endless Quotation (2003), co-editor with David E. Johnson of Thinking With Borges (2009), author of The Splintering of the American Mind (2018), and most recently The Rigor of Angels: Borges, Kant, Heisenberg, and the Ultimate Nature of Reality (2023).
