It seems like whether you get a bailout or if you're thinking about Web2, people are generally okay to give away their privacy in Web2. So how do you get that feedback loop back and explain to people why that's important? Because I'm on Wall Street and I'm a bank and it blows up. Who cares? The government will bail it out. Same with financial assets. When you're dealing with a banking system, you can't really withdraw your assets and friction lessly move to another provider. There's no real interoperability in the financial system, certainly not on a cross border basis. That's just a fundamentally more sovereign experience.
In this episode, we're joined by Nic Carter, General Partner at Castle Island Ventures for a far reaching discussion around Nic’s thesis on Operation Choke-Point 2.0; the effort of every U.S. financial regulator to deny crypto firms access to banking services.
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