2min chapter

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Crypto Roundtable: Shkreli's new web3 project, ETH merge, Gensler goes after DeFi protocols | E1542

This Week in Startups

CHAPTER

Cryptocurrency Projects

If you are a crypto project trying to replace what traditional banks do in our financial eco system, you are really going to be impacted by the statements that he made. I think on the flip side, if you're like an nft project for something, some of th tings we're talking about before, you're not really replacing what a bank does. You're probably on the outside of this. And i think that's where a lot of the noise is coming from. If you look specific to what he talked about with block fy and what they were doing, it was very much bank centric. So that's my view on how this is coming up.

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