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Jul 28, 2023 • 35min

Quarterly Market Recap: Q2 2023 - [Web3 Breakdowns, EP.80]

This is Matt Reustle and we are back with another quarterly review. I joined Eric to talk about everything that happened in the second quarter of 2023—most of this quarter seemed to focus on regulatory headlines, scrutiny from the SEC, and unexpected rulings in the Ripple case. So we dive into what those mean and what it looks like on the horizon. Then we cover some interesting developments like the BlackRock ETF, Eric shares a few applications that get him most excited about blockchain in the future, and we talk about what development is like in the industry as a whole. Please enjoy this short but action-packed conversation with me and Eric.For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. -----This show is brought to you by OKX. Want to stop paying trading fees? You can now trade for free for two months with OKX. Over 20 million traders and institutions choose OKX when they want to trade. And you can join them by signing up at okx.com/landingpage/okxtraderseries to start your two months of fee-free trading today.-----Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes(00:03:36) - (First question) - Cryptocurrency Q2 performance steady despite headline volatility(00:04:43) - Crypto sentiment is highly volatile, influenced by headlines and deep analysis(00:08:27) - Regulatory actions on Binance expected, Coinbase surprising, timing caught people off guard(00:11:06) - Coinbase sentiment impacted by regulatory uncertainty(00:12:56) - XRP's lawsuit reveals debate over security classification for institutional vs. retail sales(00:16:06) - The XRP ruling highlights the need for new cryptocurrency regulations(00:13:54) - Crypto's focus shifted to AI, but some still build projects(00:24:50) - Blockchain's global appeal and potential as a listed currency excites investors(00:27:44) - The potential of blockchain to streamline finance and ownership(00:29:46) - BlackRock ETF approval could propel Bitcoin's adoption (00:32:21) - Closing thoughts Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jul 21, 2023 • 45min

Gary Coover: Designing a Sustainable Token Economy - [Web3 Breakdowns, EP.79]

This is Eric Golden and my guest today is Gary Coover. Gary spent 8 years building Samsung’s innovation arm, Samsung Next, before he was drawn into the Web3 world. Today, he is the Chief Operating Officer of Superlayer, a venture studio focused on building Crypto startups. We start this conversation by analyzing what went wrong in the industry over the past 2 years, and why Gary advocates “Burying the Rails”. We then talk about Superlayer’s attempt to build an economically sustainable and inflation-resistant token model within their products, Hotline and Trophy. Please enjoy my conversation with Gary Coover.For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.-----This episode is brought to you by OKX. You may have seen OKX on McLaren’s Formula 1 race car or Manchester City’s football kit. But what is OKX? OKX has over 730 spot trading pairs, 280 derivatives markets, and 1000 options markets. It processes 400,000 requests per second with 99.95% uptime. That’s why over 20 million traders and institutions choose OKX when they want to trade. Visit okx.com to learn more.-----Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes(00:01:35) - (First question) - Things he got wrong while trying to launch his new business(00:03:27) - His view on NBATopShots as an inflation failure versus a crypto failure(00:05:48) - How his businesses differ from previously attempted token based companies (00:09:50) - Determining whether a founders business in capable of tokenization(00:11:54) - He tells us why a token is necessary for these businesses to be successful(00:13:52) - Examples of returning value to the wrong group of people(00:18:32) - He explains how users pay for content on the platform(00:19:33) - Using tokens for in platform purchases instead of centralized currency(00:21:18) - How the inflation economics work behind the token model(00:22:58) - Handling content on the platform that is deemed illegal or unethical (00:24:40) - Developing trust with creators that feel jaded from the past (00:27:00) - How he sees the business developing from a tokenless model to one with tokens(00:28:46) - How he approaches building the right tokenized economic structure(00:30:41) - The ability to charge by preference in either tokens or dollars(00:32:58) - Pros and cons of not having control over market volatility (00:34:49) - Which of his companies are currently using token based currency(00:37:48) - A look back at things he is proud he got right and still believes in(00:40:28) - What he sees in the space today that gets him excited(00:42:11) - What he is most excited to build over the next six months and six years Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jul 14, 2023 • 1h 10min

William Quigley: Building Tether, the World’s Most Traded Cryptocurrency - [Web3 Breakdowns, EP.78]

This is Eric Golden and my guest today is William Quigley. William has had a fascinating career working on the frontier of technology. He co-founded one of the earliest consumer VC funds, wrote the first institutional check for PayPal, and helped build the first major stablecoin, Tether. We start with a quick tour of his career and then dive into the history of Tether, the design choices that made it the most traded cryptocurrency in the world, and how digital assets have been around a lot longer than you may have thought. From my experience working in traditional finance, I have been a bit obsessed with stablecoins and enjoyed the opportunity to dive this deep into Tether. I hope you enjoy my conversation with William Quigley.For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.-----This show is brought to you by OKX. Want to stop paying trading fees? You can now trade for free for two months with OKX. Over 20 million traders and institutions choose OKX when they want to trade. And you can join them by signing up at okx.com/landingpage/okxtraderseries to start your two months of fee-free trading today.-----Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes(00:01:57) - (First question) - His career in VC and gaming prepared him for the world of crypto(00:11:25) - Exploring the potential of blockchain and crypto(00:16:04) - Blockchain's ideal applications(00:22:43) - Tether's origin story and its role in enabling arbitrage trading(00:30:28) - Building trust, tokenization, and Tether's reserves in stablecoin development(00:38:09) - Tether's redeemability, trust, and market dynamics in cryptocurrency(00:43:44) - Trust, convenience, global risks, and regulatory considerations in stablecoins(00:48:30) - US banking dominance, Tether's struggle with banking relationships in regulation(00:53:25) - Tether's growth reflects demand for freedom and challenges with banking(00:57:00) - WAX's purpose-built blockchain facilitated NFT growth and trust in collectibles(01:06:34) - What he is most excited to build over the next six months and six years Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jul 10, 2023 • 58min

CL: The Chemist Turned Crypto Trader - [Web3 Breakdowns, EP.77]

This is Eric Golden and my guest today is CL207, also known as CL or Cat, one of the most popular anonymous accounts on crypto Twitter. I have followed him since I got into crypto and, like many, have always wanted to learn more about the person behind the account. CL is academically trained in chemistry and had no finance background before he began trading crypto. He made no money for 2 years but over time has evolved into an extremely thoughtful and intelligent trader.We start this conversation with one of the weirdest and most fun back stories we've ever had on the show. We then dive deep into CL's trading journey and bring this process to life with examples. We end the conversation on a variety of topics like fashion, anonymity, virtual reality and more. Cat is a highly original and interesting thinker. Talking to him was an absolute blast. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.-----This show is sponsored by OKX. Want to stop paying trading fees? You can now trade for free for two months with OKX. Over 20 million traders and institutions choose OKX when they want to trade. And you can join them by signing up at okx.com/landingpage/OKXtraderseries to start your two months of fee-free trading today.-----Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes(00:02:23) - (First question) - Who Cat was before he started trading crypto and where his avatar came from(00:06:48) - Where his convictions came from to stick out trading crypto with no experience(00:10:21) - Finding an edge using intuition and mentally quantitative processes(00:12:53) - Putting together behavior and patterns to find market opportunities (00:14:49) - Where he would start to get a sense of the market if he stepped away for a while(00:16:25) - His average holding period and whether or not he trades based on news(00:18:13) - What his trading day looked like today (00:19:23) - His trading track record and how what he’s learned as changed his relationship with risk  (00:22:07) - Never working a job and being risk averse after becoming successful (00:24:22) - Digging deep until you find an edge in the market (00:26:13) - Sources of information and where the most alpha is amongst them (00:28:02) - Whether or not narratives and chats have influenced his trading (00:29:17) - How his focus has changed as he’s accumulated wealth (00:31:33) - Having a passion for fashion and what captivates him about it(00:33:41) - Thoughts on anonymity and the pros and cons of it in the digital age(00:37:10) - Engaging with an avatar that has expressive emotions (00:39:21) - Becoming Twitter famous and befriending Edward Snowden(00:41:59) - Whether or not he misses being a chemist (00:45:07) - Giving your kid money to trade online hoping they get rugged (00:47:35) - The Vision Pro and being incredibly bullish on virtual reality (00:55:24) - The crossover of meeting someone in a virtual world that you’re interested in  Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 30, 2023 • 45min

Lubo Smid: Scaling Products and Ideas - [Web3 Breakdowns, EP.76]

This is Eric Golden and my guest this week is Lubo Smid, the CEO and co-founder of STRV, a successful design and engineering agency. Lubo has lots of experience in the Web3 space, building both client and in-house projects. In our conversation, we talk about the balancing act of building a Web3 game, why he’s excited about ticketing as a mainstream use-case for blockchains, and why it is not Web3 technology but applications that should get all the hype. Please enjoy my conversation with Lubo Smid.For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.-----This episode is brought to you by OKX. You may have seen OKX on McLaren’s Formula 1 race car or Manchester City’s football kit. But what is OKX? OKX has over 730 spot trading pairs, 280 derivatives markets, and 1000 options markets. It processes 400,000 requests per second with 99.95% uptime. That’s why over 20 million traders and institutions choose OKX when they want to trade. Visit okx.com to learn more.-----Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes(00:01:23) - (First question) - What he’s learned about brands moving from Web2 to Web3(00:03:44) - His viewpoint on the agency business model(00:07:50) - Signs that a new customer will be difficult to work with(00:08:56) - What sparked his interest into the Web3 crypto space(00:10:15) - The purpose of STRV Labs both internally and for Web3 partners  (00:12:57) - They dive into Scavengers Land and Web3 gaming(00:14:44) - The downsides of Web3 gaming  (00:16:38) - Current gaming business models and how things could evolve with Web3(00:19:06) - Whether or not Web3 will survive without centralization (00:22:31) - The potential for Web3 to change the ticketing industry (00:27:47) - Convincing event holders to use the Web3 ticketing model(00:29:29) - How to handle abstraction and reduce friction between event holders and ticket buyers(00:32:26) - Feedback received from previous ticketing customers(00:34:11) - Overview of how Live Penalty works(00:36:34) - Lessons learned that help Web2 customers transition into Web3(00:39:37) - Who he admires within the Web3 space(00:41:37) - What he is most excited to build over the next six months and six years Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 23, 2023 • 27min

Dan Matuszewski: A View from the Market - [Web3 Breakdowns, EP.75]

This is Eric Golden and my guest this week is Dan Matuszewski, the co-founder of CMS Holdings. It’s been a busy few weeks in Crypto and Dan joins us today for a quick check-in on the view from his seat as a trader. This episode is shorter than usual but it’s action packed as we discuss how the markets have digested the cases against Binance and Coinbase. This is the second time I've spoken to Dan on the show, who I think is one of the wittiest and smartest voices in the industry. Please enjoy my conversation with Dan Matuszewski.For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.-----This episode is brought to you by OKX. You may have seen OKX on McLaren’s Formula 1 race car or Manchester City’s football kit. But what is OKX? OKX has over 730 spot trading pairs, 280 derivatives markets, and 1000 options markets. It processes 400,000 requests per second with 99.95% uptime. That’s why over 20 million traders and institutions choose OKX when they want to trade. Visit okx.com to learn more.-----Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes(00:02:02) – (First Question) – He checks in on the current stock market climate and its overall performance  (00:03:29) – His take on the large drop that occurred recently once the market closed Friday     (00:05:05) - The change in liquidity environment due to banks exiting the space(00:05:54) - Possible replacements for two major firms pulling back from the market (00:06:22) – Players who still have leverage to create markets (00:06:30) – The outcome for the liquidity of books moving forward (00:07:09) – A look into institutional trading and international expansion  (00:09:17) – Hypothetical American market isolation and its effects on global liquidity(00:09:57) – Comparing prior actions of government involvement   (00:11:00) – He tells us why listed tokens are being traded differently than non-listed tokens (00:11:24) – A look at what he is trading (00:11:56) – He talks to us about DeFi versus centralized training(00:13:18) – Opinions about the scale of the case and outcomes expected (00:14:45) – His presumed timeline on a resolution and how it could happen(00:16:22) – NFT market performance and the problems with cryptocurrency  (00:20:34) – His take on the private market(00:21:29) – Possible successful business model of prime brokers(00:21:59) – The parts of DeFi that he’s interested in (00:22:55) – What he tells people who’ve just gone through their first boom bust cycle(00:23:20) – Things in the market he’s keeping an eye out for in the future(00:23:44) – The positive things he’s seeing globally writ large Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 16, 2023 • 59min

Scott Johnsson: The SEC vs Coinbase and Binance - [Web3 Breakdowns, EP.74]

This is Eric Golden and my guest today is Scott Johnsson. Last week, the SEC declared war on Crypto by formally filing charges against Coinbase and Binance. Scott’s background as a finance lawyer and investor make him the ideal guest to unpack this. We go deep into the weeds on this one, talking about the SEC’s complaint against Binance and Coinbase and why Scott thinks most tokens are not a security. We also talk about how this might play out, the limits of the SEC’s powers, and why the industry should flex its political muscles in light of this existential threat. This is an important discussion at a critical time for the industry. I hope you enjoy my conversation with Scott JohnsonFor the full show notes, transcript, and links to the best content to learn more, check out the episode page here.-----This episode is brought to you by OKX. You may have seen OKX on McLaren’s Formula 1 race car or Manchester City’s football kit. But what is OKX? OKX has over 730 spot trading pairs, 280 derivatives markets, and 1000 options markets. It processes 400,000 requests per second with 99.95% uptime. That’s why over 20 million traders and institutions choose OKX when they want to trade. Visit okx.com to learn more.-----Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes(00:02:10) - (First question) - Changes in SEC's approach to crypto compared to traditional finance(00:07:06) - SEC's complaint against Binance(00:10:28) - Binance's case highlights the importance of securities trading registration(00:12:30) - Inflexible registration requirement of the SEC hinders innovation in crypto(00:14:31) - Coinbase case exposes SEC's contrasting approach and Coinbase's good-faith(00:16:49) - Why the timing of Coinbase's testimony is significant(00:19:26) - Potential impact of finding one token as a security among a group(00:21:23) - The role of burn mechanisms, presales, and primary/secondary transactions(00:28:00) - Analogy of trading cards in a securities transaction(00:32:58) - Equity and token ownership do not necessarily classify tokens as securities(00:35:38) - Staking and earn programs blur the line between service and investment(00:38:07) - Years-long litigation expected between SEC and major crypto companies(00:40:46) - SEC faces pressure as internal court cases weaken its position(00:47:58) - Politics shapes crypto regulation, narrative building influences policy and elections(00:53:31) - Democrats' anti-crypto stance protects banks but alienates pro-crypto voters(00:57:19) - What legal or regulatory resolution he is most excited to see over the next six months and six years Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 9, 2023 • 49min

Jason Yanowitz & Michael Ippolito: Building a Crypto Media Company - [Web3 Breakdowns, EP.73]

This is Eric Golden and my guests today are Jason Yanowitz and Michael Ippolito, the co-founders of Blockworks. While starting Blockworks, Jason and Michael were sharing a single room in NYC to save money. Today, they are leading a profitable Crypto Media company worth $135 Million. In this episode, they take us behind the scenes on their journey. We cover the struggle of the early days, get their views on the crypto ecosystem, and dive into each of the three segments of their business - digital media, events and SaaS. Blockworks is a wonderful example of a thoughtfully built media company. This episode is filled with insightful nuggets about media business models, the tension between companies and creators, betting on niches, and so much more. Please enjoy my conversation with Jason and Michael from Blockworks.For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.-----This episode is brought to you by OKX. You may have seen OKX on McLaren’s Formula 1 race car or Manchester City’s football kit. But what is OKX? OKX has over 730 spot trading pairs, 280 derivatives markets, and 1000 options markets. It processes 400,000 requests per second with 99.95% uptime. That’s why over 20 million traders and institutions choose OKX when they want to trade. Visit okx.com to learn more.-----Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes(00:02:22) - (First question) - How they hustled to build up their business, Blockworks(00:04:16) - Why embracing the fear of failure is crucial for professional growth(00:06:30) - The bold bet they made on the crypto industry when starting Blockworks(00:07:43) - Their recent raise and transition to venture funding(00:11:34) - How they approach new idea generation for their podcasts(00:18:11) - Why they prefer sponsor partnerships instead of the race-to-the-bottom CPM model(00:20:00) - Individuals, not brands, drive media consumption through personal connections(00:25:51) - Focusing on niche events and content allows them to attract a dedicated audience(00:29:51) - Creating exceptional events that make memorable experiences for attendees(00:32:23) - Implementing a unique ticketing model for their events(00:35:17) - A look into their business model(00:36:50) - Identifying gaps within the crypto industry to address unmet needs(00:40:52) - Navigating the challenges and lessons of building in a bear market(00:45:02) - Who they admire in the crypto media industry(00:46:42) - What they are most excited to see built over the next six months and six years Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 2, 2023 • 1h 1min

GMoney: Status Games at Scale - [Web3 Breakdowns, REPLAY]

Today, we are replaying one of my favorite episodes of the show from the last couple of years. This conversation is with gmoney, who is an influential builder, collector, and investor in the NFT community. Have a great weekend and we’ll be back with more next week.For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.-----This episode is brought to you by OKX. You may have seen OKX on McLaren’s Formula 1 race car or Manchester City’s football kit. But what is OKX? OKX has over 730 spot trading pairs, 280 derivatives markets, and 1000 options markets. It processes 400,000 requests per second with 99.95% uptime. That’s why over 20 million traders and institutions choose OKX when they want to trade. Visit okx.com to learn more.-----Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes [00:02:54] - [First question] - Context and inspiration for GMoney’s famous Twitter thread[00:08:42] - Why he dove into NFTs so aggressively[00:10:30] - All-in crypto diversification as opposed to closed-minded crypto trading[00:14:36] - NFT collecting in the mainstream[00:16:03] - The potential of an NFT as a “digital flex”[00:18:55] - The sharp increase in NFT values and the volatility of NFTs[00:22:03] - Distinctions between NFT technology and the NFT market[00:25:49] - How he landed his deal with Adidas[00:28:29] - His transition from traditional trading to the NFT market[00:29:57] - His early goals with NFT trading and adaptation as the space evolves[00:32:11] - The role of brand deals and influencer marketing in GMoney’s business model[00:35:35] - Helping clients and partners understand the NFT space[00:37:56] - Incentivising buyers to pay royalties to NFT artists[00:40:08] - The future of NFT royalties technology[00:41:12] - Divisions of the GMoney empire[00:44:38] - Explaining POAPs and their potential in the crypto community[00:48:30] - Why he gives out POAPs for free[00:49:25] - About 9dcc, the crypto-native fashion brand for real-world gamification[00:53:01] - How a POAP transfer works using a 9dcc t-shirt[00:54:35] - The communal success of the POAP pop-up event in Miami[00:56:34] - Why your net worth equals your network in the crypto universe[00:58:02] - Figuring out the optimal volume of POAPs to distribute[00:58:52] - What he is most excited to see built over the next six months and six years Learn more about your ad choices. Visit megaphone.fm/adchoices
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May 26, 2023 • 56min

Stevie Cline: Decoding Crypto's Regulatory Puzzle - [Web3 Breakdowns, EP.72]

This is Eric Golden and my guest today is Stevie Cline. Guests on this show usually have unique backgrounds, but having gone from dairy farming to earning multiple law degrees to founding a biotech startup to a partner at Vol 1. Ventures today, I think Stevie beats most of them. We start this episode with her unique backstory and the problems she saw in the VC world. We then talk about why the banner at Vol. 1 Ventures says ‘Let’s keep you out of Jail’, the regulatory and political landscape, and the potential of Crypto in rural America. Please enjoy my conversation with Stevie Cline.For the full show notes, transcript, and links to the best content to learn more, check out the episode page here.-----This episode is brought to you by OKX. You may have seen OKX on McLaren’s Formula 1 race car or Manchester City’s football kit. But what is OKX? OKX has over 730 spot trading pairs, 280 derivatives markets, and 1000 options markets. It processes 400,000 requests per second with 99.95% uptime. That’s why over 20 million traders and institutions choose OKX when they want to trade. Visit okx.com to learn more.-----Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes.Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here.Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag Show Notes(00:02:15) - (First question) - How she went from milking cows to having three law degrees(00:05:47) - The burnout from law that lead to the pivot of becoming a founder (00:09:08) - Key takeaways from being a founder trying to launch a biotech company (00:11:54) - Positive takeaways from being a female founder that inspired her (00:13:53) - Thoughts about venture capital and why she thought she’d be good at it(00:17:25) - The thesis behind Vol.1 Ventures and ‘let’s keep you out of jail’ (00:21:05) - Scaling down rates to make legal representation available to a variety of founders(00:25:15) - Her current take of the regulatory landscape today writ large(00:30:45) - Securities versus non-securities and the ever changing status of cryptocurrencies(00:33:02) - The problems with making the Bitcoin and Ethereum statements so early (00:36:55) - Public narratives and why crypto matters in light of government control (00:41:58) - Regulatory outlook around cryptocurrency in the short and long term (00:44:44) - The government’s use of power potentially impacting the SEC and thoughts on the current state of the federal reserve(00:50:03) - Alan G’s paper on the creation of the federal reserve(00:52:01) - The debt ceiling and the economic cost of maintaining the status quo (00:53:49) - What she’s excited to see built over the next six months and six years Learn more about your ad choices. Visit megaphone.fm/adchoices

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