Did Washington Crush Crypto’s Most Important Bank? Its Former Chairman Says Yes. - Ep. 780
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Do you feel like everything that you experienced, like, you you would say that that is part of operation ship point two point o? Like, do you think it's real?
Yes. I do. And it it's interesting. I didn't think that originally, but as more and more time passes, I've I've seen it was it was clearly a coordinated matter coming out of Washington, DC that had certainly the effect of keeping crypto out of the banking system.
Hi, everyone. Welcome to Unchained, your no hype resource for all things crypto. I'm your host, Laura Shin. We are now featuring quotes from listeners on the show. Today, we have two comments on x responding to Polychain Capital's Olaf Carlson Wee, who recently said on Unchained, quote, every post should have a token. In response, Volk wrote, this does not need to exist. Remember the Dorsey tweet? Don't bring back hype in crypto. Build real value. Meanwhile, Travis Bickle commented, Olaf undefeated. If you want your comment featured, write a review of the podcast overall or leave a comment on
thanks for it's great to be here.
You have quite the history in crypto and banking. Can you tell the audience about your various experiences in both industries? It
is quite I'm I'm pretty old, so I've been could done quite a lot, actually. But but my my start in crypto comes from my start in banking, actually. So my my background, I'm a lawyer by training, a number of years to the Department of Justice at at at very high levels, and was in big law for a while that didn't really suit me. Went in house, which I found did suit me, ended up at Silicon Valley Bank when Bitcoin was just getting its start. And and not surprisingly, Silicon Valley Bank had some Bitcoin related customer. It wasn't even crypto at that point. It was just Bitcoin. It was just the on
And you also worked at a 16 crypto. Yeah.
So I I went to a 16 crypto from Coinbase and and had a great experience there. And and through there, got in touch with a lot of, really, the leading, you know, emerging companies in in DeFi in particular at that time and began a practice where I have been consulting for growth company growing companies in sort of the DeFi and crypto space. I have been doing that ever since.
So the industry has long talked about issues with banking. And so I was curious when you were working at Coinbase and a 16 c crypto, what issues did you notice that crypto companies had with banking?
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