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.
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Tokensoft: https://www.tokensoft.io
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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
Anita Posch on Why ‘Bitcoin Is a Tool for Freedom’ – Especially in Africa - Ep. 531
Will PayPal's PYUSD Steal Market Share From Tether and Circle? - Ep. 530
The Chopping Block: Curve Crisis Concludes With a Whimper, PayPal’s PYUSD Raises New Questions - Ep. 529
Orb Outrage: Worldcoin Cofounder Defends Project Amid Backlash - Ep. 528
What Does the Curve Crisis Say About DeFi? - Ep. 527
The Chopping Block: Who’s to Blame for the Curve Hack? - Ep. 526
Why CoinFund Believes Worldcoin Could Become More Popular Than Bitcoin - Ep. 525
Rep. Ritchie Torres on Why Congress Should Make Clear Crypto Laws - Ep. 524
The Chopping Block: NFA for Founders, Worldcoin and UniswapX Launch, Hamster Racing - Ep. 523
Two VCs on Why This Is the Perfect Time to Invest in Crypto - Ep. 522
Why the SEC Doesn’t Want the Ripple Case to Go to the Supreme Court - Ep. 521
Why the SEC vs. Ripple Order Is Now About 2 Things: Coinbase and Congress - Ep. 520
The Chopping Block: Should XRP Holders Really Be Rejoicing? - Ep. 519
New Order in SEC vs. Ripple Over XRP Is a Win for Crypto: What Happens Now? - Ep. 518
The Chopping Block: Will Tokenizing RWAs Finally Click This Time? - Ep. 517
When AI and Blockchain Meet, How Can Each Technology Benefit? - Ep 516
Circuit Breakers: Is ERC-7265 the Solution dApps Were Waiting For? - Ep. 515
ERC-6551: Is This the Next Big Leap in NFT Innovation? - Ep. 514
Will FTX Reboot? Here’s John Ray’s Internal Deadline for Making a Decision - Ep. 513
The Chopping Block: Why the Azuki Elementals Drop Was a Big Flop - Ep. 512
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