On The Brink with Castle Island cover image

Travis Scher on the FTX impact on Crypto VC (EP.373)

On The Brink with Castle Island

CHAPTER

Crypto

In the early days at DCG, one of the things we did was try to find the top Bitcoin exchange in every meaningful geography. The point here was that these exchanges would create an on ramp to a better decentralized system. And instead, what we built up was this giant interconnected shadow banking system for compulsive gamblers.

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