The FTX Podcast #25 - Kyle Samani on Running a Fund That Invests in Winners
Play • 38 min

Kyle Samani is a co-founder of Multicoin Capital, a thesis-driven investment fund that focuses on cryptocurrency assets and blockchain technology. They have been very active participants of the space and have become further known with their forrays in many of the defi projects we have seen surge forth in the last few months.








Zero Knowledge
Zero Knowledge
Fredrik Harrysson, Anna Rose
Episode 163: Kicking off 2021 with Anna, Tarun, James & Josh
This week, Anna (https://twitter.com/AnnaRRose) chats with guests Tarun Chitra (https://twitter.com/tarunchitra) (Gauntlet & Robot Ventures), James Prestwich (https://twitter.com/_prestwich) (cLabs) and Josh Cincinnati (https://twitter.com/acityinohio) (previously Zcash Foundation). Throughout this conversation, they touch on topics like the state of zero knowledge applications, blockchain technology, privacy and DeFi. They also explore what we can expect in the near future. Here are a few of the papers and links we mention in the show: * Mina’s Testworld (https://minaprotocol.com/adversarial) * Barry’s Post Why you can’t build a private uniswap with ZKPs (https://ethresear.ch/t/why-you-cant-build-a-private-uniswap-with-zkps/7754) * Flash Boys 2.0: Frontrunning, Transaction Reordering, and Consensus Instability in Decentralized Exchanges (https://pdaian.com/flashboys2.pdf) * Flashbots Project (https://github.com/flashbots/pm) If you like what we do: Follow us on Twitter @zeroknowledgefm (https://twitter.com/zeroknowledgefm) Join us on Telegram (https://t.me/joinchat/B_81tQ57-ThZg8yOSx5gjA) Catch us on Youtube (https://www.youtube.com/channel/UCYWsYz5cKw4wZ9Mpe4kuM_g) Read up on the r/ZKPodcast subreddit (https://www.reddit.com/r/zkpodcast) Give us feedback! (https://forms.gle/iKMSrVtcAn6BByH6A) Support our Gitcoin Grant (https://gitcoin.co/grants/329/zero-knowledge-podcast-2) Support us on the ZKPatreon (https://www.patreon.com/zeroknowledge)
1 hr 12 min
Bankless
Bankless
Bankless
48 - Death of Dollar Dominance | Lyn Alden
🚀 SUBSCRIBE TO NEWSLETTER: http://bankless.substack.com/ ✊ STARTING GUIDE BANKLESS: https://bit.ly/37Q17uI ❤️ JOIN PRIVATE DISCORD: https://bit.ly/2UVI10O 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 👕 BUY BANKLESS TEE: https://merch.banklesshq.com/ ----- DEBRIEF OF THIS EPISODE (Member-only): https://shows.banklesshq.com/p/exclusive-lyn-alden-debrief ----- GO BANKLESS WITH THESE SPONSOR TOOLS: ⭐️ AAVE - BORROW OR LEND YOUR ASSETS https://bankless.cc/aave 🚀 GEMINI - MOST TRUSTED EXCHANGE AND ONRAMP https://bankless.cc/go-gemini 💳 MONOLITH - GET THE HOLY GRAIL OF BANKLESS VISA CARDS https://bankless.cc/monolith 📱 DHARMA | MOBILE ONRAMP DIRECTLY INTO DEFI https://bankless.cc/dharma ------ 48 - Death of Dollar Dominance | Lyn Alden Lyn Alden of Lyn Alden Investment Strategy has quickly risen to fame in the Bitcoin universe for her sharp analysis on long-term macro trends and brings plenty of data to back up her analysis. She’s one of our favorite macro and economics minds. Global macro events have such a strong interplay with crypto. In order to understand crypto, we need to understand the big picture We ask Lyn about the changes forces around the US Dollar, as demand and supply of the Dollar is less understood and less stable than ever before. We also ask Lyn about the relationship between the position of the U.S. Dollar as the world reserve currency, and the social unrest found inside the U.S. borders. It turns out, that the U.S. Dollar as the world reserve currency is not the best situation for those that reside inside the country! We bring up Ray Dalio's Long Term Debt Cycles mental model, and ask Lyn to connect it to the Fourth Turning Theory, in an attempt to discover some of the hidden forces behind the social unrest found in America. Fourth Turning Theory: https://en.wikipedia.org/wiki/Strauss%E2%80%93Howe_generational_theory Highly recommended Lyn Alden piece on the Future of the Dollar https://www.lynalden.com/fraying-petrodollar-system/ Sign up for Lyn’s monthly macro newsletter https://www.lynalden.com/january-2021-newsletter/ ------ Don't stop at the video! Subscribe to the Bankless newsletter program http://bankless.substack.com/ Visit the official Bankless website http://banklesshq.com/ Follow Bankless on Twitter https://twitter.com/BanklessHQ Follow Ryan on Twitter https://twitter.com/ryansadams Follow David on Twitter https://twitter.com/TrustlessState ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time we may add links in this channel to products we use. We may receive commission if you make a purchase through one of these links. We'll always disclose when this is the case
1 hr 40 min
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
Epicenter Media Ltd.
Trent Elmore: YAM Finance 🍠 – The Rise, Fall, and Rise Again of the OG Foodcoin
During the DeFi Summer of 2020, YAM Finance launched with a bang, and had its share of ups and downs within its first couple of days. It started out as an experiment to bring together some of the more innovative ideas in the space. It sparked a movement which brought massive attention to yield farming, and started the food token craze. After a bug was discovered in the v1 contract, many thought the project was dead. But no, the team and community have been working diligently to bring the protocol back to life and it's now a community-run DAO innovating at the intersection of decentralized governance and programmable finance. Trent Elmore is one of the creators of YAM. He joins us to talk about the incredibly swift birth of the project, the rebase mechanism, the treasury, the infamous bug and how they saved the project. He also shares some of the new upcoming products on the YAM Roadmap, and how a truly decentralized community is rebuilding its brand. Topics covered in this episode: * Trent's background and how he got into crypto and DeFi * How YAM and food tokens were born * The team behind YAM * What was the vision of the project at the beginning? * The proposed utility of the protocol * How the treasury funding works in the context of the rebasing mechanism * The Game Theory for YAM holders * How they built their communities and choose tokens * YAM's connection between their governance and Snapshot * The infamous bug in V1 and how they recovered from it * What plans do they have for the treasury and products going forward, including the recent UMA collaboration Episode links: * YAM on Twitter * YAM Finance * Discord * YAM on Medium * Trent on Twitter Sponsors: * 1inch: Discover the best rates and most efficient swapping routes across leading DEXes. Optimize on gas cost and execute DeFi trades faster with 1inch V2 - https://epicenter.rocks/1inch This episode is hosted by Sunny Aggarwal & Friederike Ernst. Show notes and listening options: epicenter.tv/375
1 hr 11 min
The Delphi Podcast
The Delphi Podcast
Tom Shaughnessy
Algorithmic Stablecoins Series: Joey Santoro Covering FEI Protocol
Chain Reaction Hosts Tom Shaughnessy and Medio Demarco host Joey Santoro, the founder and architect of FEI protocol. This is the third episode in our algorithmic stablecoin series. Joey talks through the creation of FEI, direct incentives for reducing and increasing supply, protocol controlled value, direct incentives, and much more. Our other episodes in this series * Empty Set Dollar * FRAX Finance Every Delphi Podcast is dropped first as a video interview for Delphi Digital Subscribers. Our members also have access to full interview transcripts. Join today to get our interviews, first. - Show Notes: (1:19) – (First Question) - Joey’s Background and what brought him to Crypto.(2:16) – Main Issues with Decentralized Stablecoins.(5:31) – FEI Elevator Pitch.(8:37) – Differences on Seniorage collateralized model / FEI.(10:50) – What happens when FEI goes sub $1.(17:37) – FEI Reweight Steps / Liquidity Benefits.(20:17) – FEI vs. FRAX.(23:35) – The Tribe governance token.(29:01) – How Tribe be released to the world.(33:08) – FEI, building confidence and expectations.(35:24) – Thoughts about FEI’s ability to scale supply fast but also maintain a very close price to it's peg.(39:41) – FEI Biggest Risks.(44:47) – How much could FEI police the Direct Incentive.(47:06) – Thoughts about the possible impacts of other stablecoin communities enhancing projects.(49:58) – Benefits of not being an anonymous founder.(52:07) – Where to find Joey Santoro / FEI. The full interview transcript is available here. Music Attribution: * Cosmos by From The Dust | https://soundcloud.com/ftdmusic * Music promoted by https://www.free-stock-music.com * Creative Commons Attribution 3.0 Unported License * https://creativecommons.org/licenses/by/3.0/deed.en_US Resources: * Do’s Twitter: https://twitter.com/d0h0k1 * Terra Site: https://terra.money/ * Mirror Site: https://mirror.finance/ * Anchor Site: https://anchorprotocol.com/ * Jonathan’s Twitter: https://twitter.com/JonathanErlichL * Delphi Podcast Twitter: https://twitter.com/PodcastDelphi More * Our Video interviews Can Be Viewed Here: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q * Access Delphi’s Research Here: https://www.delphidigital.io/ Disclosures: This podcast is strictly informational and educational and is not investment advice or a solicitation to buy or sell any tokens or securities or to make any financial decisions. Do not trade or invest in any project, tokens, or securities based upon this podcast episode. The host may personally own tokens that are mentioned on the podcast. Lets Talk Bitcoin is a distribution partner for the Chain Reaction Podcast, and our current show features paid sponsorships which may be featured at the start, middle, and/or the end of the episode. These sponsorships are for informational purposes only and are not a solicitation to use any product or service. Delphi’s transparency page can be viewed here.
53 min
Unchained
Unchained
Laura Shin
The SEC's Lawsuit Against Ripple and 2 Execs: What You Need to Know - Ep.208
Stephen Palley, partner at Anderson Kill. and Gabriel Shapiro, partner at BSV Law, discuss the SEC's lawsuit against Ripple and two executives, Chris Larsen and Bard Garlinghouse. In this episode, they explain: * what was so "egregious" that the SEC went after two executives, Chris Larsen and Brad Garlinghouse, were charged * why their sales showed an information asymmetry, and why that matters * why the complaint comes close to being a fraud case, but why the SEC didn't charge them with fraud * why the idea that XRP is a currency and therefore cannot be a security will likely not fly * why it's unlikely the case will go to the Supreme Court * the SEC's case for why XRP is a security, and Ripple's role in it * how even on a technical level, the XRP network is centralized * how strong the SEC's case is against Larsen and Garlinghouse * Stephen's and Gabriel's predictions on how the lawsuit will play out * how this will likely impact XRP investors * whether or not Ripple could become an SEC-reporting company and XRP a security * what happened with Ripple's lead investor in its most recent fundraising round * whether or not the SEC might go after exchanges or other players who made money off XRP or collaborated with Ripple around XRP trading * what this means for Coinbase, in particular, because it's going public later this year * what Ripple's defense, in its summarized Wells submission, was * how this case compares to some of the other big SEC/crypto securities cases, Kik/Kin and Telegram * whether there might ever be a digital token that is determined to be a security for specific transactions but not others * what the wider implications of the case are for the rest of the crypto industry Thank you to our sponsors! Crypto.com: http://crypto.com 1inch: https://1inch.exchange Episode links: Stephen Palley: https://twitter.com/stephendpalley Gabriel Shapiro: https://twitter.com/lex_node SEC lawsuit against Ripple: https://www.sec.gov/litigation/complaints/2020/comp-pr2020-338.pdf SEC lawsuit against Ripple being close to a fraud case: https://twitter.com/stephendpalley/status/1341523294344896515?s=20 Former SEC commissioner Joe Grundefest on the case: https://www.theblockcrypto.com/linked/89164/former-sec-commissioner-says-ripple-lawsuit-will-cause-multi-billion-dollar-losses-to-innocent-third-parties Other lawsuit against Ripple: https://www.courtlistener.com/recap/gov.uscourts.cand.334410/gov.uscourts.cand.334410.115.0.pdf Technical assessment of Ripple network: https://cryptobern.github.io/noconsensusripple/ Tetragon’s case against Ripple: https://twitter.com/stephendpalley/status/1346531087971999749?s=20 What the case means for exchanges: https://www.coindesk.com/coinbase-delist-xrp-exchanges-dilemma Coinbase suspends trading in XRP: https://blog.coinbase.com/coinbase-will-suspend-trading-in-xrp-on-january-19-2e09652dbf57 https://www.coindesk.com/coinbase-suspends-xrp-trading Lawsuit against Coinbase: https://www.bloomberg.com/news/articles/2020-12-30/coinbase-sued-over-xrp-commissions-after-sec-pursues-ripple?sref=m9L277rN https://twitter.com/stephendpalley/status/1344352455895691269?s=20 People in the industry thinking for a while that XRP is a security: https://www.theblockcrypto.com/genesis/57366/xrp-is-probably-a-security-dont-at-me Mary Jo White: https://www.coindesk.com/former-sec-chair-represents-ripple-xrp-lawsuit Ripple’s Wells submission: https://ripple.com/wp-content/uploads/2020/12/Ripple-Wells-Submission-Summary.pdf
1 hr 9 min
The Decrypt Daily: Bitcoin & Cryptocurrency News Podcast
The Decrypt Daily: Bitcoin & Cryptocurrency News Podcast
Matthew Aaron: Bitcoin, Ethereum Litecoin, XRP, Decrypt, Cryptocurrency News
Jan 19: #ETH ATH, Grayscale Buying Spree, NVIDIA Mining
Follow The Decrypt Daily Twitter: @decryptmedia Website: Decrypt.co Follow me on : Twitter: @MatthewADiemer IG: @MatthewADiemer FB Page: https://www.facebook.com/thedecryptdaily FB Group: https://www.facebook.com/groups/thedecryptdaily Email: MatthewAaron@Decrypt.co —————————————————————— Ethereum Price Hits All-Time High of $1,400 https://decrypt.co/54562/ethereum-price-breaks-all-time-high-of-1400 There's a Biblical Message Hidden in Bitcoin Block 666,666 https://decrypt.co/54576/theres-a-biblical-message-hidden-in-bitcoin-block-666666 After 25 Day Pause, Jed McCaleb Sells 28.6 million XRP https://decrypt.co/54575/after-25-day-pause-jed-mccaleb-sells-28-6-million-xrp How to Find a Bitcoin ATM Near Me https://decrypt.co/45671/how-to-find-a-bitcoin-atm-near-me Institutional Investors Buy $600 Million of Bitcoin in Just One Day https://decrypt.co/54563/institutional-investors-buy-600-million-of-bitcoin-in-just-one-day NVIDIA May Re-enter Bitcoin Mining Market After Being Burned in ‘18 https://decrypt.co/54550/nvidia-may-re-enter-bitcoin-mining-market-after-being-burned-in-18 Tether Drops $1M Into Crypto Game Infinite Fleet’s Security Token Sale https://decrypt.co/54530/infinite-fleet-tether-security-token-sale Multi-Dollar Billion Firm Ruffer Explains Its $745 Million Bitcoin Bet https://decrypt.co/54518/multi-dollar-billion-firm-ruffer-bitcoin-bet Joe Biden Confirms Gary Gensler as US SEC Chair https://decrypt.co/54505/joe-biden-confirms-gary-gensler-as-us-sec-chair —————————————————————— Music: Say Good Night by Joakim Karud https://soundcloud.com/joakimkarud Creative Commons — Attribution-ShareAlike 3.0 Unported— CC BY-SA 3.0 Free Download / Stream: http://bit.ly/2RzhBOn Music promoted by Audio Library https://youtu.be/SZkVShypKgM Track: Future Disco — Vendredi [Audio Library Release] Music provided by Audio Library Plus Watch: https://youtu.be/zW2bU3ZnL9Q Free Download / Stream: https://alplus.io/future-disco Here comes the money https://www.youtube.com/watch?v=o0ZpesMYF6A https://www.youtube.com/watch?v=n695sgmV3EQ —————————————————————— Financial Disclosure: Matthew Aaron is a holder of cryptocurrencies, digital assets, and other stocks. *** this is not financial or legal advice*** © Copyright 2020 Matthew Aaron Podcasts LLC All Rights Reserved
7 min
The Crypto Conversation
The Crypto Conversation
Brave New Coin
The Identity Dilemma - Selfkey is empowering individuals to take back ownership of their identity data
Edmund Lowell is the CEO of KYC-chain and the Selfkey network - a blockchain startup developing digital identity solutions that empower individuals to take back ownership of their identity data. Guest: Edmund Lowell Why you should listen: Everyone’s data is concentrated in the hands of a few large institutions. They store information about your browsing history, shopping habits, location data, bank statements, medical history, and more. With the growing threat of data breaches, and the loss of privacy - our information is increasingly at risk. One of the reasons for this is because rather than the individual controlling their data, it is instead tech companies and government databases that store data. This is at risk of being hacked and leaked. For example, last year hardware wallet manufacturer Ledger was data hacked. The data consisted of a list of one million email addresses, as well as a list of 272,000 individual customers, containing emails, phone numbers, and physical addresses. Those customers have since been targeted with phishing attempts by scammers sending fraudulent emails claiming that their "cryptocurrency assets are at risk", prompting them to download a fake version of Ledger Live that would then ask for the user's seed phrase. Key takeaway: Current identity systems have failed to deliver the most basic requirements for a successful identity system: security, privacy, ownership, access, protection, interoperability, or linked data portability to identity owners. SelfKey’s mission is to empower individuals to own, control, and manage their personal data; and to help businesses protect personal data entrusted to them by users, and stay compliant with privacy regulators. SelfKey envisions a safer world where individuals are freer because their personal data and privacy is protected and under their control. Supporting links: Selfkey Leverj Andy on Twitter Brave New Coin on Twitter Brave New Coin If you enjoyed the show please subscribe to the Crypto Conversation and give us a 5-star rating and a positive review in whatever podcast app you are using.
37 min
The Scoop
The Scoop
The Block
A deep dive into Coinbase's acquisition of Bison Trails
Count this as one of the first major acquisitions deals of 2021: Coinbase said on Wednesday that it is set to acquire crypto infrastructure services provider Bison Trails for an undisclosed sum.  On this episode of The Scoop, Coinbase chief product officer Surojit Chatterjee and Bison Trails CEO Joe Lallouz unpack the deal with The Block's Frank Chaparro and Ryan Todd.  "Bison trails is going to serve as a foundational product within our product portfolio: what we call our ecosystem products," Chatterjee, a former executive at Google, said.  "So staking infra services is a start point, but we are going to look at other potential services that we can externalize, that we can create as a service." The deal represents a bigger push by Coinbase to offer its internal solutions to new client segments, Chatterjee said. "Over time you will see we will extend additional infrastructure and API services, many of which have actually been developed to power our internal Coinbase product," he added. "We want to externalize them make them services for the entire crypto ecosystem." In this episode of The Scoop, we explore various aspects of the deal, including: What it could mean for Coinbase's existing staking offering How it improves Coinbase's standing as an infrastructure as a service provider in the crypto market How the Bison Trail's team could lead to new external API services for big ticket clients and help improve existing services Chatterjee's product philosophy for Coinbase Recent moves by rivals to snag banking licenses from the OCC
31 min
The Bad Crypto Podcast
The Bad Crypto Podcast
Joel Comm and Travis Wright
Could This Be Satoshi? An Interview with The Blue Wizard
Could This Be Satoshi? An Interview with The Blue Wizard Many people over the years have been suspected to be Satoshi Nakamoto, the creator of Bitcoin. Some who advertise that they are have been the punchline for many jokes while others have allowed suspicion to foster without making claims. In episode 479, we interview a whale in crypto space. If his claims are true, and we’ve no reason to believe they aren’t, he was there at the beginning. His voice is disguised to protect his identity, and whether or not he is Satoshi remains to be known. But what will be revealed today is how passionate this person is for freedom and decentralization.  Oh, and NFTs.  In fact, over the past month he has spent almost 1 million dollars in WAX on NFTs. Have we got your attention? Get ready for an amazing hour of content as we welcome the whale known as The Blue Wizard to episode #479 of The Bad Crypto Podcast. Full Show Notes at: http://badco.in/479 SUBSCRIBE, RATE, & REVIEW: Apple Podcast: http://badco.in/itunes Google Podcasts: http://badco.in/google Spotify: http://badco.in/spotify FOLLOW US ON SOCIAL MEDIA: Twitter: @BadCrypto - @joelcomm - @teedubya Facebook: /BadCrypto - /JoelComm - /teedubyaw Facebook Mastermind Group: /BadCrypto LinkedIn: /in/joelcomm - /in/teedubya Instagram: @BadCryptoPodcast Email: badcryptopodcast[at]gmail[dot]com Phone: SEVEN-OH-8-88FIVE- 90THIRTY DONATE CRYPTO TO THE SHOW: If you'd like to donate a bit of cryptocurrency to The Bad Crypto Podcast, feel free to send copious amounts to the following locations: $BTC: Bitcoin: 3GMgCH4dFUHSLdrPnLwEsfKPVnLnoGbzGZ $ETH Ethereum: 0x1ccE8A04fa6743eD1D24cA063c7543D43B42F328 $LTC Litecoin: LavXqTWVHebEgVhBXdg3Hue3xEAmgtxLgr $DOGE Dogecoin: DMngvNMX1U8Sg8PkDjCC3UTS8Mmn9RqTP5 DISCLAIMER: Do your own due diligence and research. Joel Comm and Travis Wright are NOT FINANCIAL ADVISORS. We are sharing our journey with you as we learn more about this crazy little thing called cryptocurrency. We make NO RECOMMENDATIONS. Don't take anything we say as gospel. Do not come to our homes with pitchforks because you lost money by listening to us. We only share with you what we are learning and what we are investing it. We will never "pump or dump" any cryptocurrencies. Take what we say with a grain of salt. You must research this stuff on your own! Just know that we will always strive for RADICAL TRANSPARENCY with any show associations. Support the show: https://badcryptopodcast.com See omnystudio.com/listener for privacy information.
1 hr 19 min
What Bitcoin Did
What Bitcoin Did
Peter McCormack
Why Bitcoin Wins with Gary Vee & Robert Breedlove
“We had two certainties in life; we had death and taxes. We’ve introduced the third certainty; 21 million Bitcoin.” — Robert Breedlove Location: Remotely Date: Saturday 16th January Company: VaynerX & Parallax Digital Role: CEO & Founder Hyperbitcoinisation is the state at which Bitcoin becomes the world's dominant form of money and thus the base asset for the entire financial system. On the road to hyperbitcoinisation, there will be a tipping point where governments willingly or unwillingly seed power and move over to a bitcoin-based system. For many Bitcoiners, hyperbitcoinisation is inevitable. However, the path to a hyperbitcoinisation society is unclear and likely difficult.  In this interview, I talk to entrepreneur, author & speaker Gary Vaynerchuk and founder of Parallax Digital, Robert Breedlove. We discuss the government response to Bitcoin and the road to hyperbitcoinisation. This episode’s sponsors: Kraken - The best place to buy, sell & trade Bitcoin BlockFi - The future of Bitcoin financial services Sportsbet.io - Online sportsbook & casino that accepts Bitcoin Casa - The leading provider of Bitcoin multisig key security. Exodus - The world's leading Desktop, Mobile and Hardware crypto wallets. ----- WBD301 - Show Notes ----- If you enjoy The What Bitcoin Did Podcast you can help support the show by doing the following: Become a Patron and get access to shows early or help contribute Make a tip: Bitcoin: 3FiC6w7eb3dkcaNHMAnj39ANTAkv8Ufi2S QR Codes: Bitcoin If you do send a tip then please email me so that I can say thank you Subscribe on iTunes | Spotify | Stitcher | SoundCloud | YouTube | Deezer | TuneIn | RSS Feed Leave a review on iTunes Share the show and episodes with your friends and family Subscribe to the newsletter on my website Follow me on Twitter Personal | Twitter Podcast | Instagram | Medium | YouTube If you are interested in sponsoring the show, you can read more about that here or please feel free to drop me an email to discuss options.
1 hr 24 min
On The Brink with Castle Island
On The Brink with Castle Island
Castle Island Ventures
Iain Murray (Competitive Enterprise Institute) on the history of Operation Choke Point (EP.169)
Iain Murray, VP of Strategy at the Competitive Enterprise Institute, joins the show to discuss the history of Operation Choke Point, a 2011-2015 program used to exclude legal businesses from banking led by the DoJ and FDIC. In this episode: * How Iain Murray came to be one of the main historians of Operation Choke Point * The roots of Choke Point in the crackdown on poker sites in 2011 * How Choke Point was started on a whim by two midlevel DoJ lawyers in 2011 * How OCP targeted completely legal but politically disfavored industries * How mechanically the DoJ was able to get banks to comply with their informal guidance * Why the closed nature of banking means that alternatives financial service providers for these industries couldn't be created * How bank consolidation meant that OCP was easier to instrumentalize * How successful was Choke Point in marginalizing targeted industries? * Did OCP have buy-in from the highest levels of the Obama administration? * How regulations should have implemented the rules they sought to create with Choke Point – and why they chose not to * How OCP was an end-around the administrative procedure act, and why it was done covertly * Was there any accountability for the individuals behind OCP? Was anyone fired? * Why individuals on any side of the political spectrum should be concerned about OCP * Did Choke Point ever really end? * The long term enduring effects of OCP * How the Wyoming SPDI is a reaction to Choke Point * Whether Iain agrees with the OCC's 'Fair Access' rule Content mentioned in this episode: * Iain Murray at CEI, Operation Choke Point: What it is and why it matters * OCC, 'Fair Access' rule
1 hr 1 min
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