I'm kind of in your camp on the regulatory side and I don't really think they're too malicious. So honestly, I'm a teller truth or truther. Your generic default non fraud business model makes tons of money with like 10 staff. They can do nothing and make a billion dollars a year. That's just pure like pure fiat return for them like senior age. And by the way, here's the other thing. There's a lot of breakage. You know, like when Walmart issues gift cards and they don't get spent, there's breakage.
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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