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CV121: Jimmy Morgan - General Counsel at FalconX

Crypto Voices

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The Importance of Embracing Cryptocurrency

I think ultimately like the clamping down is going to be an interesting outcome because if it is truly decentralized, it's almost impossible to shut down. So making an attempt on banning crypto outright, I think is a little bit of a gamble that you might reveal you have no clothes. And so being relegated into a technophile, cypherpunk, like just the fringe people can access it and use it,. It doesn't kill it, right? But it's a detriment. Like, again, I hold DeFi and really high promise. I think this is what I've been waiting for. This is what like all my excitement about Ethereum and smart contracts brings.

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