Viktor Bunin, a cryptocurrency expert from Coinbase, discusses the value proposition of crypto, the future of crypto infrastructure, and why Coinbase is adding support for Bitcoin's Lightning Network. They also touch on the Fed's recent decision on interest rates and the impact on the market. The podcast explores the involvement of financial institutions in the staking market and the path to an open Internet of value. They also delve into the debate between permission blockchains and public blockchains, highlighting the potential of public blockchains like Ethereum for widespread adoption and network effects. Lastly, they reflect on the power imbalance between individuals and financial institutions and how crypto can shift the balance in favor of individuals.