Podcast: Is Crypto an Investable Asset Class? | Roundup
Jason and Byron cover this week’s biggest stories and explore crypto’s outlook as an investable asset class

On today’s episode of “Empire,” Jason is joined by Byron Gilliam – markets strategist and author of the Blockworks newsletter. Often called the Matt Levine of Web3, Byron brings his traditional finance experience to crypto with a mix of wisdom and wit.
Jason and Byron cover this week’s biggest stories and explore crypto’s outlook as an investable asset class. Episode highlights include:
- Why Byron frames crypto as commodities, not equities
- How private markets are losing their advantage
- Why crypto may be amazing for users but a bad investment
- How OpenSea’s insider trading news will affect other Web3 companies
- What happened with Optimism’s airdrop
- Can L2s find a sustainable revenue model
- How BTC mining could fuel growth in renewable energy
- Byron questions if MEV is crypto’s only use case
- Why UST’s collapse was not crypto’s Lehman moment
- and much more
Check out what they had to say in the video below.👇
About the show
“Empire” is a twice-a-week show where we share the real crypto stories that aren’t heard elsewhere. On Mondays, Jason and Santiago Santos interview crypto industry movers and shakers to talk about their struggles, bold moves and tough decisions. Finish off the week with Friday’s weekly roundup episode that covers the top news and narratives of the week.
For any NPR or Guy Raz fans out there, you can think of “Empire” as a “How I Built This” for the bitcoin and crypto industry.
Subscribe to “Empire” today on Apple or Spotify. Watch episodes on YouTube.
Get the news in your inbox. Explore Blockworks newsletters:
- Blockworks Daily: The newsletter that helps thousands of investors understand crypto and the markets, by Byron Gilliam.
- Empire: Start your morning with the top news and analysis to inform your day in crypto.
- Forward Guidance: Reporting and analysis on the growing intersection of crypto and macroeconomics, policy and finance.
- 0xResearch: Alpha directly in your inbox. Market highlights, data, degen trade ideas, governance updates, token performance and more.
- Lightspeed: Built for Solana investors, developers and community members. The latest from one of crypto’s hottest networks.
- The Drop: For crypto collectors and traders, covering apps, games, memes and more.
- Supply Shock: Tracking Bitcoin’s rise from internet plaything worth less than a penny to global phenomenon disrupting money as we know it.