Is Crypto Quietly Quitting? | Roundup

Sep 6, 2024

Dive into the intriguing world of crypto as the hosts unpack the trend of 'quiet quitting' in the market. They explore the regulatory hurdles facing major platforms like OpenSea and Binance. A fascinating look at the dominance of Asian markets reveals cultural insights that shape crypto adoption. The concept of 'time billionaires' sparks discussions about valuing our most precious resource. Finally, the recent rebranding of Maker and the future of DeFi and stablecoins are dissected, shedding light on an ever-evolving landscape.

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INSIGHT

East vs. West Crypto

Westerners lack awareness of Asian crypto markets, focusing on user numbers over nuanced dynamics.
Asian crypto operates hierarchically, with CEOs interacting directly, unlike the US's bottom-up approach.

INSIGHT

Cultural Nuances in Asian Business

Doing business in Asia requires deep cultural understanding, as politeness can mask rejection.
Tipping is considered rude, implying subpar service, unlike Western tipping culture.

ANECDOTE

Japanese Precision

Upon arriving in Japan, Santiago Roel Santos was captivated by a taxi driver's precise timing and glove ritual.
He observed the driver putting on gloves at every red light, perfectly timed with the light turning green.

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In this episode, we dive deep into the current state of the crypto, unpacking the phenomenon of "quiet quitting" and the shifting landscape of adoption. We examine the regulatory challenges facing OpenSea and Binance, and shed light on the often-overlooked dominance of Asian crypto markets. The conversation then turns to the concept of "time billionaires" and the true value of our most precious resource. Finally, we address the recent Maker rebrand and discuss the future of DeFi and stablecoins in an increasingly competitive market. Thanks for tuning in!

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Timestamps:

00:00 intro

02:00 Historic Empire Month

04:00 Korean Blockchain Week

07:44 Asia Startup Ecosystem

18:54 Social Growth

23:50 Wells Notice & CFTC

36:00 Anoma ad

37:02 Mantle Ad

38:02 Polygon Ad

39:10 Re.al Ad

40:11 Is Crypto Good?

54:16 Quiet Quitting in Crypto

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.