Sunday Jun 15, 2025
Will MICAR break the Euro?
MetaMarkets - The European lens on crypto, macro-finance, and regulation.
Meta Markets is the European lens on macro-finance and digital assets. We cover capital markets, crypto regulation, and the frequently overlooked geopolitical implications of financial policy. This podcast maps out the forces shaping today’s economic landscape. Jón Egilsson and Jan Fritsche host the show. They bring a rare combination of central banking leadership, economic research, crypto entrepreneurship, and Web3 cybersecurity expertise. Jón Egilsson served as Chairman of the Central Bank of Iceland following the 2008 financial crisis. He is also the co-founder and chairman of Monerium, the first company to issue fiat currency on-chain. Jón holds a Ph.D. in Economics and a master’s in Engineering. He teaches at King’s Business School and regularly contributes to Forbes, writing on stablecoins, digital currencies, and monetary sovereignty. Jan Fritsche worked on market-based finance, money markets, and derivatives at the European Central Bank. He also served as a member of the Monetary Expert Panel of the European Commission. Today, Jan is the Managing Director of Oak Security, a cybersecurity firm for Web3 that pioneered economic attack vectors in decentralized systems. He holds a Ph.D. in Economics and previously conducted research at the German Institute for Economic Research (DIW Berlin), focusing on fiscal policy, monetary dynamics, and uncertainty.
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Episodes
Episodes
Monday May 05, 2025
Monday May 05, 2025
This is the first episode of MetaMarkets, in which we dive deep into the economic, regulatory, and technological shifts shaping the future of money. Hosts Jón Helgi Egilsson (Executive Director, Monerium) and Jan Philipp Fritsche (Managing Director, Oak Security) explore the intersection of monetary policy, stablecoins, and the emerging geopolitical battle for currency influence.
📌 Chapters & Links
Why This Podcast?Jón shares why financial transformation needs public dialogue, and Jan highlights the need to connect end-users, builders, and regulators.
The U.S. Economic DilemmaWhy the dollar’s strength is both an asset and a trap. Discussion on tariffs, deficits, and debt.🔗 A User’s Guide to Restructuring the Global Trading System
Trump's Strategic PlaybookHow Stephen Miran’s thinking may underpin Trump’s economic approach.🔗 Trump’s Stablecoin Strategy To Reinforce U.S. Dollar Dominance (Forbes)
What Dollar Dominance Really MeansStablecoins, global demand, and U.S. strategy to “weaponize” crypto rails.🔗 Standard Chartered: Stablecoin Sector May Reach $2 Trillion
Europe’s Missed Opportunity?Jón argues the ECB is overprotecting incumbents instead of competing globally.
Policy TakeawaysTreat non-bank stablecoin issuers equally. Let innovation thrive. Avoid regulatory gatekeeping.
Uncertainty, Volatility & Fiscal PolicyJan explains how uncertainty is bad for fiscal policy.🔗 Government spending multipliers in (un)certain times (Journal of Public Economics)
Military Spending & GrowthWhy the U.S. may benefit more than Europe from diverging fiscal strategies.
On-chain Chaos & Risk MispricingHow recent volatility triggered economic crypto exploits.🔗 How the Hype for HyperLiquid's Vault Evaporated on Concerns Over Centralization🔗 A Vanishing $212M Bitcoin Order Caused Chaos for Traders. Is Spoofing Back in Crypto?
Spoofing, Scams & Smart RegulationWhy spoofing is a crime in traditional markets — and how crypto could build in better defenses, on-chain.
The Need for Smart RegulationWe need smart regulation, iterative improvement, and transparent competition.
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Jan Fritsche – Managing Director – Oak Security
Jón Helgi Egilsson – Executive Director – Monerium