The Pomp Podcast
The Pomp Podcast
Jul 21, 2020
341: Chris Slaughter On A Better Crypto Exchange Business Model
Play • 1 hr 8 min

Chris Slaughter is co-founder and CEO of LVL, a new full-fledged banking account that I invested in that is focused on providing all of the fiat and Bitcoin financial services you would expect for only $9/month. This disruptive business model is already growing in popularity with users, so I wanted to bring Chris on to explain it in more detail.

In this conversation, we discuss demand deposit accounts, custodial accounts, importance of FDIC insurance, why monthly subscriptions make more financial sense for everyone involved, and how they built a product to service US dollars and Bitcoin simultaneously. 


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