19min chapter

Nikonomics - The Economics of Small Business cover image

74 - From Self-Made Billionaire at 35 to Bankruptcy Just 12 Months Later with Zac Prince

Nikonomics - The Economics of Small Business

CHAPTER

Navigating Regulations in Crypto and Cannabis

This chapter examines the regulatory challenges faced by the cannabis and cryptocurrency industries, focusing on the ambiguous categorization of crypto assets and its impact on businesses. It shares personal experiences with significant figures in the crypto space and reflects on the trust placed in a prominent counterparty that ultimately faced ethical failures. The narrative emphasizes the emotional toll and complexities surrounding financial decisions during crises, particularly highlighting lessons learned from the FTX bankruptcy.

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