Crypto Needs Higher Standards

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[00:02:38] - [First question] - Being labeled as one of the first people to understand Bitcoin

[00:04:48] - How his relationship with crypto evolved from a curiosity to investing in it

[00:06:20] - Partnering with Nick Carter and how they came together 

[00:07:14] - What drove his decision to finally take the leap and become an entrepreneur

[00:08:40] - Lessons learned from setting up and deploying his first fund

[00:10:20] - Comparing the crypto space in 2022 to what it was in 2018 

[00:11:47] - His opinion on what’s happened this year writ large and what it means 

[00:14:15] - How regulation serves customers better than a libertarian outlook

[00:16:04] - Thoughts on the best way forward given crypto’s regulatory shortcomings 

[00:18:13] - Commissioner Hester Peirce - A Regulator’s View of Crypto 

[00:18:47] - How far away we are from having an active congress involved in crypto 

[00:20:57] - The notion of retail and yield generating products and why that part of the industry imploded on itself 

[00:23:22] - Whether or not he’d invest in crypto again given its current state of affairs

[00:24:14] - Areas and macro trends he’s most excited about today 

[00:27:26] - How the concept of crypto is more enticing for brands than a public database 

[00:30:51] - Securities versus non securities and what brands are talking about 

[00:32:38] - The difficulty of figuring out the real market value of any given project 

[00:36:20] - How he would approach handling privacy and KYC in DeFi 

[00:38:31] - Defining financial service infrastructure and where they invest in it 

[00:40:01] - Some of the market structure bets they’ve made over the years 

[00:42:17] - How a prime broker would have helped in light of the FTX scandal 

[00:44:05] - His view on where things stand with Genesis and FTX and how they’ll unfold 

[00:50:35] - Monetary networks and what has his attention lately 

[00:52:14] - Why some countries and governments will push back against stablecoins 

[00:53:26] - Some of the craziest ideas that have come across his desk 

[00:54:23] - Trying to get to the base of an idea when it comes to due diligence 

[00:55:57] - What he’s most excited to build over the next six months and six years 

[00:57:09] - Whether we’ll get regulation in crypto or a migration of traditional assets to crypto rails first