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Two VCs on Why This Is the Perfect Time to Invest in Crypto - Ep. 522
Unchained
The Dark Clouds of the Digital Currency Industry
I still feel like there is kind of two big dark clouds that are potentially looming over the industry one involves digital currency group which is huge company has invested in a ton of companies and also has a number of subsidiaries its subsidiary Genesis has already filed for bankruptcy. The other is Binance I'm just going to combine these for efficiency sake Binance is in a tough situation that's been sued by both the CFTC the SEC they recently laid off a thousand staff they're cutting benefits their market share is decreasing and liquidity on Binance US is almost nonexistent. Why don't you maybe yeah give some thoughts on those two thanks to how that might affect the overall industry. All right so my last
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