The federal government has the right to regulate interstate commerce. So pretty much everything you do on the internet now risks the feds getting involved. "You don't want to cross state lines, or, in this case, you don’t want to touch the internet"
Timestamps:
- (00:00:00) Intro
- (00:01:01) Meme of The Week
- (00:02:23) Apple vs Startups
- (00:04:43) Apple's PassKey
- (00:05:56) Apple's Car Play
- (00:06:53) Buy-Now-Pay-Later (BNPL)
- (00:18:39) Classic Clip: Michael Saylor on iPhone
- (00:21:31) Apple vs Android
- (00:34:25) Post-Payment Installment Splits vs Buy-Now-Pay-Later
- (00:42:25) Interview with Jon Wu, Head of Growth at Aztec Network
- (00:44:58) Why Nate Chastain Was Arrested
- (00:47:02) Wire Fraud Deep Dive
- (00:53:17) What Extent Do Federal Prosecutors Get Involved
- (00:57:36) Other Crypto/Digital Cases
- (01:01:19) Is A 40-Year Sentence Reasonable?
- (01:03:53) Implications of Money Laundering Using Crypto
- (01:07:10) Would Nate have been prosecuted if he built OpenSea himself?
- (01:08:34) Jon's Hat
- (01:09:24) Elizabeth Holmes interviewed Jon to be CFO of Theranos
Every week, Jack Butcher, Bilal Zaidi & Trung Phan discuss what they're finding on the edges of the internet + the latest in business, technology, and memes.
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