There is a gating factor, which is how much money the startup wants to take in. So as you're going through this thinking, your argument really is that you can spread the risk across a wider base. We wouldn't have to exclude 95% of the people in the United States. And then that could make more people move up from poor to middle-class,. middle-class to rich, rich to... The rich don't have a problem already. They have access already.
Vinny and Sunny join Jason and Molly for another crypto roundtable discussing the federal government’s crackdown on crypto. (1:39) They define what staking is (10:13), and Jason addresses his Twitter Exchange with Coinbase founder and CEO Brian Armstrong. (32:20) Then Producer Rachel is joined by Prince Ghosh of Factored Quality for another edition of Ok Boomer. (1:06:45)
(0:00) Molly kicks off the show
(1:39) Crypto crackdown + the roles of the SEC and CFTC
(8:46) Microsoft for Startups Founders Hub - Apply in 5 minutes for six figures in discounts at http://aka.ms/thisweekinstartups
(10:13) Definitions of “staking”
(21:30) Merge - Integrate up to 5 customers for free today at https://merge.dev/twist
(23:00) Using Web 3.0 for crowdsource capital
(32:20) Brian Armstrong and Jason’s exchange + Challenges of crypto exchanges
(40:25) Pilot.com. - Go to https://pilot.com/twist for 20% off your first 6 months of Pilot Core.
(41:54) Regulating stablecoins
(57:41)$100M New Jersey Deli + Jason’s grand plan for TikTok
(1:06:45) Ok Boomer with Prince Ghosh of Factored Quality
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