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Episode 180: Untethered

TrueAnon

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Cryptocurrency's Shadowy Side

This chapter humorously critiques the banking system's relationship with cryptocurrency, reflecting on issues such as regulatory hurdles and incidents like Wells Fargo distancing itself from crypto platforms. The conversation explores the darker aspects of cryptocurrency, including the connections with shadow banking and illicit activities, as well as the challenges crypto companies face in securing reliable banking partners. Through engaging anecdotes and cultural references, the speakers delve into the complexities of the crypto landscape, revealing its precarious nature and the gambling mentality that underpins many investments.

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