Decentralized Trust Provision

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decentralized trust provision happens at the individual entity level. That's a better system, right? I mean, that's assuming that the auditors for the centralized entities are actually doing their job. So can an exchange cheat a proof reserve? Yes. Is it very detectable because they're using a public blockchain? Yes. Can anyone on the internet go and look and find out what they're doing? Yes. It's really weird for you to say that people in the government don't agree with it because it's automating the auditors job for free around the world.

In this episode, we're joined by Nic Carter, General Partner at Castle Island Ventures for a far reaching discussion around Nic’s thesis on Operation Choke-Point 2.0; the effort of every U.S. financial regulator to deny crypto firms access to banking services.

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