Why ShapeShift’s Erik Voorhees Thinks Toxic Bitcoin Maximalism Is Bullshit

July 27, 2021by Laura Shin

ShapeShift recently announced an intent to decentralize — a move that would transition the one-time centralized exchange to a full-on DAO. Erik Voorhees, founder and CEO of ShapeShift, comes onto the show to talk about decentralizing the exchange, along with his thoughts on Bitcoin maximalism and crypto regulation. Show highlights:

• why ShapeShift is decentralizing the company 
• how ShapeShift used to work
• what needs to happen for ShapeShift to decentralize
• why user experience should not change during the transition
• how the FOX token works
• what parts of a company cannot be decentralized yet
• how ShapeShift’s forthcoming foundation will function
• how ShapeShift decided upon the allocations for the FOX token airdrop
• why ShapeShift employee and shareholder FOX tokens are locked up for three years
• what Erik’s role will be going forward
• how ShapeShift plans to attract devs
• why Erik believes FOX is not a security
• how Erik wants the SEC to handle crypto
• why he believes THORChain is one of the most critical projects in crypto
• why he is opposed to Bitcoin maximalism
• Erik’s thoughts on BitMEX’s and Binance’s regulatory issues
• what he thinks about stablecoin regulation
• Why Erik believes ShapeShift and Uniswap are not competitors

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 

Tezos: https://tezos.com/discover?utm_source=laura-shin&utm_medium=podcast-sponsorship-unconfirmed&utm_campaign=tezos-campaign&utm_content=hero 

Conjure: https://conjure.finance 

Episode Links

Erik Voorhees

ShapeShift: https://beta.shapeshift.com/ 

Decentralizing

Other