On today's episode of Empire, Olaf Carlson-Wee, Coinbase's first employee & founder of Polychain, joins Jason and Santiago to discuss his views on the state of crypto.
Olaf reflects on crypto's cycles, the reoccurring themes and how this relates to the UST meltdown and today's bear market. We then dive into Olaf's investment philosophy, exploring his thoughts on what assets will accrue value, the multichain future and the most exciting opportunities. You'll also hear Olaf's unique take on the "one reason" DAOs should exist.
Don't miss this fantastic episode with one of the most interesting/successful OGs in crypto.
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(00:00) Introduction
(01:02) Market Chaos
(05:37) Crypto's Cycles
(17:33) Stablecoins and UST's Meltdown
(24:33) The End of Algo Stables
(30:06) Where's The Market Headed?
(38:14) Bitmex AD
(39:31) The Biggest Entrepreneurial Laboratory in History
(43:23) It's Time for Buying Not Selling
(44:34) Layer One Wars
(48:38) The L2 Ecosystem
(53:58) Where Will Value Accrue?
(58:13) What's Overlooked In Crypto?
(1:03:22) The One Thing DAO's Should Do
(1:06:18) DeFi vs CeFi
(1:07:39) Struggles of an Entrepreneur
(1:11:33) The Industry Has to Prove Itself
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.