Dalio, Brainard, Lummis: Your Guide to Day 1 at Consensus 2021

Bitcoin's energy use, ether as hard money, Ray Dalio on the future of inflation and bitcoin as a hedge asset. Here's your guide for Day 1 of Consensus.

AccessTimeIconMay 24, 2021 at 11:30 a.m. UTC
Updated Aug 18, 2021 at 10:26 a.m. UTC

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There’s a lot happening throughout the first day of Consensus 2021. Here are few sessions, panels and workshops I’d be sure not to miss.

This article is excerpted from The Node, sending twice daily this week to cover the biggest news from our virtual Consensus conference. Subscribe to receive the full newsletter here. And register for Consensus here.
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  • You can see a full schedule of events here (just scroll down).

    Your guide

    09:00 – 09:30 a.m. Special Address by Dr. Lael Brainard
    Dr. Lael Brainard of the Federal Reserve Board of Governors will give an address discussing her latest thinking on digital currencies.

    09:30 – 10:30 a.m. First Principles: Ray Dalio on Money, Monetary Policy and Bitcoin
    The founder of Bridgewater Associates, the largest hedge fund, Ray Dalio will offer his thoughts on the future of money and monetary policy in the post-COVID environment. He will also share his evolving views on how disruptive assets such as bitcoin might fit into the global financial system that will emerge from this moment.

    12:00 – 12:25 p.m. Washington, Politics and Governing in a Bitcoin-ized World, With Sen. Cynthia Lummis
    U.S. Sen. Cynthia Lummis of Wyoming joins Meltem Demirors to discuss how bitcoin's supra-sovereign nature has re-shaped her perspective on politics, governing and old-world institutions like the U.S. Congress.

    02:30 – 03:00 p.m. Reframing Bitcoin's Energy: ESG, Time Preference and Public Perception
    Bitcoin is joining a long list of "dirty" industries due to its intense resource consumption. Energy experts, and bitcoin bulls, like Luxor CFO Ethan Vera, Research and Content Director at Compass Mining Zack Voell and Director of Business Development of Great American Mining Marty Bent put the conversation in perspective.

    05:00 – 05:30 p.m. Long the Metaverse VR Talk
    Join us in our VR recording studio as our curator and host, BoomboxHead, interviews cryptoartists from “Long the Metaverse” VR Exhibition! Featuring: Skeenee, Rare Designer, George Boya, Alotta Money, Reinhard and Sturec.

    8:40 - 8:50 p.m. How ETH is 'Ultra' Sound Money
    Bankless’ David Hoffman will speak about how Ethereum's EIP1559 and Proof of Stake transition will make ETH into a more scarce asset than bitcoin.

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