AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
ROLLUP: CZ Busted?! | Gensler Testifying Soon | SBF in More Trouble | War on Crypto Continues
Bankless
Bitcoin, Ether and Litecoin Are All Commodities
2min Snip
00:00
Summary
Transcript
Episode notes
It's very interesting to me because I guess they have the power to do AML KYC checks and because they have sort of the big red button to ban someone or to allow them to stop logging in that they're now responsible for that, which is very interesting. And as a contrast to like a DeFi protocol, which has no control over these things, though the Uniswap code base, it has no ability to differentiate the money, the identity, anything else. This also not only does it sort of push some of these centralized platforms to button up, which is what you were saying, pay the fee and then button up,. It also pushes things more towards decentralized protocols where
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode