Cracking is a mostly a crypto exchange, but we're broadening our service offering. We are doing staking now, or wer, i think the world leader in ether staking stake a ton of different assets. We've got an n f tamarket place launching soon. So we're becoming mor and moreo a sort of portal for crypto, not just trading any more. And we asto ave a banking license in wyoming so we're in some ways going backwards.
The Sunday Times’ tech correspondent Danny Fortson brings on Jesse Powell, founder of crypto exchange Kraken, to talk about his first startup selling video game virtual goods (3:00), reading about bitcoin (9:40), why he thinks bitcoin will replace gold (12:00), launching Kraken (12:50), getting a banking license (15:00), selling tens of thousands of bitcoin (17:00), how widespread crypto actually is (20:40), the inherent weakness in the market (26:00), the Mt Gox bankruptcy (27:40), the impending failure of fiat currency (31:40), the power of the current system (34:35), raising just $20 million (36:00), and reaching the masses (40:00).
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