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Unchained

The Chopping Block: Are VCs Bad for Crypto? - Ep. 481

Unchained

Laura Shin

News, Business News, Tech News

4.61.3K Ratings

🗓️ 15 April 2023

⏱️ 66 minutes

🧾️ Download transcript

Summary

Welcome to “The Chopping Block” – where crypto insiders Haseeb Qureshi, Tom Schmidt, and Robert Leshner chop it up about the latest news. In this episode, they’re joined by Unchained’s Laura Shin to debate FTX revival rumors, what the U.S. Treasury got wrong about DeFi, and whether VCs are antithetical to crypto’s core principles. Show highlights:  how much ETH is getting unstaked and deposited after Shapella the market reaction following the successful implementation of the upgrade whether FTX could reopen after its massive collapse why Robert thinks rebooting the exchange is a “terrible” idea whether FTX could do the same thing as Bitfinex and issue a debt token for creditors how the U.S. government misunderstands decentralized finance, in stark contrast with regulators from other parts of the world whether DeFi front-ends should be subject to the Bank Secrecy Act whether VCs go against the principles of crypto the difference between democratizing finance and democratizing fundraising Hosts Haseeb Qureshi, managing partner at Dragonfly  Robert Leshner, founder of Compound  Tom Schmidt, general partner at Dragonfly Guest Laura Shin, author, and CEO of Unchained Disclosures Links Shapella: Previous coverage of Unchained on the upgrade: Shapella in the Rearview: After Major Upgrade, What’s Next for Ethereum? Ethereum's Shapella Upgrade - What to Expect? How Will ETH React to Ethereum’s Shanghai Upgrade? Unchained:  Staked Ethereum Withdrawals Enabled As Shanghai Upgrade Goes Live Ethereum Surges Past $2,000 Post-Shanghai, $2 Billion Staked Withdrawals Pending Nansen: The Shanghai Upgrade Dashboard CoinDesk: What’s Next After the Ethereum Shanghai Upgrade Known as Shapella FTX: Unchained: FTX Could Reopen Crypto Exchange, Recovers $7.3 Billion in Assets Treasury Report: Unchained: Poor DeFi Cybersecurity Presents Risks for National Security, Says U.S. Treasury Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Not as dividend, it's a tale of two pun.

0:02.4

Now, your losses are on someone else's balance.

0:05.2

Generally speaking, air drops are kind of pointless anyways.

0:08.0

I made the trading firms who were very involved.

0:10.6

I like that heat of the ultimate problem.

0:12.8

DeFi protocols are the antidote to this problem.

0:17.6

Hello, everybody. Welcome to Chopin Block.

0:19.4

Every couple of weeks, the four of us get together

0:21.0

and give the industry inside a perspective

0:22.8

on the crypto topics of the day.

0:24.8

So, first up, we've got Tom, the DeFi Maven

0:26.8

and Master of Memes.

0:28.2

Next, we've got Robert, a crypto connoisseur

0:29.8

and capital compound.

0:31.2

Today, we've got Laura, the CEO of the show.

0:33.4

And you've got myself, I'm his CEO,

0:35.0

I'm the head height man, a dragonfly.

0:36.6

There were early stage investors in crypto,

0:38.0

but I want to caveat that nothing we say here

0:39.8

is investment advice, legal advice, or even life advice.

0:42.6

Please see Chopin Block that XYZ for more disclosures.

0:45.6

So, happy Shopella, everybody.

...

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