In this wide-ranging episode, Eric Meltzer and Dovey Wan of Primitive Ventures describe how Asia is weathering the crypto downturn: how have the low prices affected miners, how has this affected Bitmain's prospects for an IPO and how, despite a ban on crypto exchanges, Chinese crypto users have been trading. We also discuss more broadly how crypto projects and startups differ between China and the U.S., how crypto is upending Silicon Valley's dominance, and how differences in regulation are affecting entrepreneurship in the space. Plus, Eric and Dovey address whether or not the surveillance state is motivating Chinese interest in crypto.
Thank you to our sponsors!
Tokensoft: https://www.tokensoft.io
Microsoft: https://twitter.com/MSFTBlockchain
CipherTrace: http://ciphertrace.com/unchained
Episode links:
Primitive Ventures: http://primitive.ventures
Eric Meltzer: https://twitter.com/wheatpond
Dovey Wan: https://twitter.com/DoveyWan
Binance was more profitable than Deutsche Bank in quarter 1 of 2018: https://www.ccn.com/binance-surpassed-germanys-biggest-bank-deutsche-in-profitability/
Bitmain and Huobi layoffs: https://www.scmp.com/tech/blockchain/article/2179513/chinas-cryptocurrency-giants-bitmain-and-huobi-plan-lay-offs-amid
Hong Kong regulators reluctant to allow crypto firms to IPO:
https://www.scmp.com/business/banking-finance/article/2178747/hong-kong-regulators-say-ipos-cryptocurrency-businesses-are
Report that China wants an "orderly exit" from crypto mining: https://qz.com/1174091/china-wants-an-orderly-exit-from-bitcoin-mining/
Chinese op-ed on why the People’s Bank of China should consider a yuan-pegged cryptocurrency: https://www.coindesk.com/pboc-op-ed-pushes-use-case-for-yuan-pegged-crypto-stablecoins
Stacks’ Muneeb Ali On Why Bitcoin Is Exciting Once Again - Ep. 612
The Chopping Block: Starknet's Airdrop, Founder Challenges, and Ethena's Mainnet - Ep. 611
Why the Celestia Team Sees a Future With 10,000 Roll-Ups - Ep. 610
Is the Short Team Lockup for STRK ‘Misaligned’? No, Says Starkware CEO - Ep. 609
The Chopping Block: Navigating the New Era of Crypto Social Media with Farcaster's Insights! - Ep. 608
How Decentralized Social Network Farcaster Hopes to Eventually Get to One Billion Users - Ep. 607
How Crypto’s Version of 'Survivor' Ended Up With the Most Heartwarming Ending
Why One Solana Builder Is Still Optimistic About the Network - Ep. 606
The Chopping Block: Is Farcaster the Web3 Social Layer? - Ep. 605
2 Lawyers on How the U.S. Can Finally Regulate DeFi - Ep. 604
The Chopping Block: Points or Airdrops, Which Is the Better Engagement Model for Crypto Projects? - Ep. 603
Jupiter Founder Meow to Critics of JUP Airdrop: ‘Give Me a Break’ - Ep. 602
A16z Crypto’s Chris Dixon on How Blockchains Can Save the Internet - Ep. 601
The Black Swan Event That Could Cause a Fork in Ethereum (Again) - Ep. 600
The Chopping Block: Data Availability & Why It’s Important - Ep. 599
OG Olaf Carlson-Wee on Why His Crypto Thesis Is Stronger Than Ever - Ep. 598
Why the SEC’s Case Against Coinbase Is So Significant for Crypto - Ep. 597
The Chopping Block: When Will the ETF Hype End? - Ep. 596
How Small Bitcoin ETF Issuers Will Compete With the Likes of BlackRock - Ep. 595
Why Some Brokerage Firms Are Blocking Access to Spot Bitcoin ETFs - Ep. 594
Create your
podcast in
minutes
It is Free
Pharmacy Podcast Network
Børsen Morgenbriefing
Sarah Westall - Business Game Changers
The Economics Show with Soumaya Keynes
Wall Street Breakfast