How Wyoming Built the First State-Issued Stablecoin w/ Anthony Apollo
In this episode, Austin talks with Anthony, Executive Director of Wyoming’s Stable Token Commission, about how Wyoming became the first U.S. state to issue its own government-backed stablecoin. They discuss the state’s decade-long push into crypto policy, why Wyoming chose to operate digital financial infrastructure instead of just regulating it, and how the Frontier Stable Token is designed to be fully backed, legally neutral, and usable for any lawful purpose. The conversation covers constitutional safeguards around privacy and due process, how reserves generate public revenue, and why a small, agile state may be uniquely positioned to experiment with on-chain money—offering a glimpse into what the future of state finance could look like.
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How Wyoming Built the First State-Issued Stablecoin w/ Anthony Apollo
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OUT OF SCOPE, Ep. 1: Hot Takes Roundtable with Tori Pastore (Soup) and Austin Campbell (Zero Knowledge)
And now for something (almost) completely different. Welcome to Out of Scope, a new sub-series where Austin and Tori Pastore (aka Birb Bernake) riff with guests on hot takes from the frontiers of tech, finance, policy, and whatever else is the flavor of the week In this debut episode, they sit down with Austin Campbell to discuss... quite a few things: running stablecoin reserves, repealing the 17th Amendment, why banks resemble cartels, insider trading, market structure, why regulators should be paid more and held to higher standards, modernizing the BSA, and—most importantly—a definitive ranking of video conferencing tools. 00:00 - Introducing Tori 01:24 - Chinese Peptides Explained 02:45 - GLP 1 Hype Cycle 05:40 - Peptides and Food Science 10:49 - Enter Austin Campbell 16:11- Stablecoin Reserve Rules 20:35 - Gold Doom Scenarios 22:59 - Banks' Payment Monopoly 34:38 - AI Lobbying and EA critiques 38:20 - Prediction Markets Incentives 43:59 - Fixing Regulator Accountability 47:39 - Prediction Markets 48:47 - Market Manipulation Debate 59:54 - Perps Versus Futures 01:02:51 - Assassination Markets Debate 01:06:21 - Austin's Magic Wand Reforms 01:10:40 - Blooper Reel Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Why Crypto Fails without Privacy with Mert Mumtaz (Helius)
In this episode, Austin chats with Mert about why privacy is becoming essential for crypto and on-chain finance. They discuss how ZK-based privacy works via shielded pools, commitments, proofs, and nullifiers, contrasting it with Monero’s probabilistic obfuscation. Mert explains Zcash’s renewed adoption through improved usability, macro and regulatory shifts, and fairer historical distribution. He argues privacy layers fail when they lack tangible benefits, and outlines a new fully on-chain, composable, atomic privacy protocol for Solana built with Light Protocol’s compression approach, including permissionless and enterprise “zones” with configurable compliance features and reduced MEV via encrypted swaps. 00:00 - Why Privacy Matters 03:05 - Zcash And ZK Origins 06:26 - How Shielded Pools Work 09:56 - Why Zcash Broke Out 15:52 - Why Privacy Layers Fail 19:47 - Solana Privacy Protocol 22:57 - Composability Breakthrough 25:51 - Go-To-Market Plan 30:50 - Compliance And Zones 32:40 - Onchain Versus Off Chain 34:58 - Zcash And Solana’s Future 40:29 - Bitcoin Privacy And Quantum 43:48 - Closing And Where To Find Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Why Privacy Tech Is Having Its Moment with Seth for Privacy (Cake Wallet)
In this episode, Austin chats with Seth (Cake Wallet) about why privacy is gaining traction after years of being niche, tracing Seth’s entry through Monero and other privacy-preserving products. They compare Zcash’s seemingly influencer-driven pump with Monero’s quieter but rising real-world usage, discuss Cake Wallet’s UX-driven approach (including enforced auto-shielding for Zcash), and debate how criminal adoption can actually validate that privacy tools work in adversarial settings while emphasizing legitimate use cases and storytelling. They explore why app-layer privacy on major L1s has weak adoption versus privacy-native L1s, the importance of defaults, and what’s next for privacy in DeFi and stablecoins. 00:00 - Seth’s Personal and Professional Privacy Journey 05:53 - Zcash vs Monero Adoption 09:51 - Crime Compliance and Privacy Ethics 15:25 - Why Privacy-Preserving Wallet UX Has Lagged 20:49 - Privacy L1s vs. App-Layer Privacy 27:30 - What’s Next Private DeFi 30:07 - Why Monero Has Survived CEX Delistings 32:35 - Privacy in the Age of AI Surveillance 41:51 - Conclusion Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.