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Hi, everyone. Welcome to the A6 and Z podcast. I'm Sonal. Today we have another one of our

podcast on the road episodes with guests from New York City on the topic of crypto, but more broadly

on crypto networks as emerging economies. This conversation goes into the super interesting

nuances of structuring these networks to avoid some of the

failings we've seen in the monetary and fiscal policies of traditional economies, including

debating how to empower users when it comes to risk, but also how to better distribute access

in terms of who captures value from networks. We then also discover different mindsets for the governance of these networks,

which are really crypto-economic systems,

especially as they evolve and grow more mainstream over time.

Joining us to have this conversation,

we have two guests, our friends at Placeholder VC.

Chris Berniske, who formerly led ARC-invest crypto efforts,

has written a lot about

financial and modeling influence frameworks for analyzing crypto and co-wrote a book on crypto

and Joel Menegrow, who before starting placeholder with Chris, was an analyst at USV, where he helped

develop their early blockchain theses. Prior to that, he managed the Dominican Republic's

government office in charge of developing the country's national and digital economy technology agenda.

I share all that as key context for the conversation that follows.

And last but not least, we have two of our partners from A6 and Z Crypto, Jesse Walden and Dennis Nazarov, formerly co-founders of Media Chain, which was acquired by Spotify.

Jesse and Dennis interview

our guests and also add their perspectives in the discussion and debate. On that note,

...