BREAKDOWN: The Evidence for Operation Choke Point 2.0, With Nic Carter
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 29 March 2023
⏱️ 50 minutes
🧾️ Download transcript
Summary
The Castle Island venture capitalist joins to discuss the coordinated effort to cut off crypto from the banking sector.
On today’s episode, NLW is joined by Castle Island Ventures’ Nic Carter. Nic was the first to identify the concerted effort to de-platform crypto from the banking system as “Operation Choke Point 2.0.” In their conversation, Nic discusses the original Operation Choke Point, how that operation came to an end when he began to notice signs of a similar strategy targeting crypto and where the industry is now.
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“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Paulozhgibesov/Getty Images, modified by CoinDesk.
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Transcript
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| 0:00.0 | In the wake of one of the most tumultuous years in crypto history, the conversations happening at Consensus |
| 0:06.8 | 2023 have never been more timely and important. This April, CoinDesk is bringing together all sides of the |
| 0:12.4 | crypto, blockchain, and Web3 community to find solutions to crypto's thornyest challenges, and |
| 0:17.3 | finally deliver on the technology's transformative potential. Join developers, investors, |
| 0:21.7 | founders, brands, policymakers, and more in Austin, Texas, April 26 to 28th for Consensus |
| 0:26.8 | 2023. Listeners of the breakdown can take 15% off registration with code breakdown. |
| 0:32.5 | Register now at consensus.coindus.com and join CoinDest at Consensus 2023. |
| 0:44.9 | Welcome back to The Breakdown with me, NLW. |
| 0:49.2 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. The breakdown is |
| 0:56.0 | produced and distributed by CoinDesk. What's going on, guys? It is Wednesday, March 29th, and today |
| 1:03.2 | we're talking with Nick Carter about the evidence for Operation chokepoint 2.0. Before we get into |
| 1:09.5 | that, a quick note. There are two ways to listen to the |
| 1:12.0 | breakdown. You can hear us on the Coin Desk Podcast Network feed, which comes out every afternoon |
| 1:15.8 | and features other great CoinDesk shows. Or you can listen on the breakdown only feed, |
| 1:19.4 | which comes out a few hours later in the evening. Wherever you listen, if you were enjoying |
| 1:22.8 | the breakdown, I would so appreciate it if you would take the time to leave a rating or review. It makes a huge |
| 1:27.6 | difference. All right, guys, well, as I said today, I am joined by the one and only Nick Carter. |
| 1:33.2 | Nick is a venture capitalist at Castle Island Ventures, but is also a prolific writer and |
| 1:37.8 | commentator on the broader crypto space. Since the beginning of February, Nick has been |
| 1:42.1 | sounding the alarm on Operation chokeokepoint 2.0. |
| 1:46.0 | Indeed, he is the one who first identified it as such. |
| 1:49.0 | On today's show, we dig deep into what that actually means, including the preceding Operation 1.0 |
... |
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