The Block CEO, Mike Dudas, on The Disaster of For-Profit Education, Dealing With Crypto Drama, How Libra Can Succeed and More

Published: March 3, 2020, noon

Mike Dudas, CEO of The Block, joins Charlie Shrem on this week’s episode of Untold Stories. Charlie begins by asking Mike what the purpose of crypto media is. Mike responds by discussing their research-driven journalism and the importance of being a check for the industry. Mike talks a little about what led him to start The Block. They shift to an extensive discussion about adoption of cryptocurrency, central bank digital currencies, and how there is a generational change in how people view and invest money. This leads to Mike talking about his time at Braintree looking at alternate currencies and this begins a discussion on Libra, the challenges it's faced, and how it can move forward and succeed. They briefly discuss Mike's time at Kaplan and the terrible state of for-profit education in the US. Mike explains The Block's full stack information services, products, business model, and future. Charlie and Mike finish up by talking about drama in crypto and how Mike deals with it at The Block. --- CryptoTaxAudit This episode is sponsored by CryptoTaxAudit. Clinton Donnelly from Donnelly Tax Law will talk about how to prepare a great crypto tax return that defends you from the IRS. Author of five books on crypto tax preparation for Americans, he has tremendous insight into how to defend oneself from the IRS. He is an expert in anti-money laundering reporting for individuals. His firm has done hundreds of crypto returns and over 900 tax amnesty returns with a 100% success rate.   Donnelly Tax Law specializes in complex crypto tax return preparation. No situation is too complex. The firm also offers CryptoTaxAudit which is a IRS defense offering design for the needs of crypto traders. Schedule a consultation now at DonnellyTaxLaw.com. --- BitPanda Bitpanda is a fintech based in Vienna, Austria founded in 2014 by Eric Demuth, Paul Klanschek and Christian Trummer. The company is a firm believer in the innovative power of cryptocurrencies, digitised assets and blockchain technology. Bitpanda’s mission is to tear down the barriers to investing and bring traditional financial products to the 21st century. Today, Bitpanda has more than 1 million users and 120 team members. With a PSD2 payment service provider license, state-of-the-art security and streamlined user experience, Bitpanda has grown into a popular trading platform for newbies and experts alike. Users can currently trade Bitcoin, Ethereum, gold and over 20 other digital assets. --- If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io