The Stablecoin Backed by Real Barrels of Oil

What if you could stash a barrel of oil in a digital bank account and drop it in your kid's Christmas stocking? That's the wild idea Wil Harris of Energy Substantiation is chasing, building the stablecoin of oil. He breaks down how WTI coins work, why nobody had ever banked a barrel before, and Chuck puts on his critical investor hat to try and blow the whole thing up.

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Click here to view the episode transcript.

0:00 - The barrel of oil coin on Chuck's dresser

2:08 - How Wil ended up bridging crypto and oil

4:03 - What a stablecoin actually is, explained for mom

10:05 - The minus 37 dollar day, USO, and True Tracker

12:21 - Banking a barrel: minting, redeeming, the bank of oil

19:25 - Critical investor mode: what protects your money