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About the Episode
Without much doubt, exchanges, or banks, such as San Francisco based Coinbase have onboarded more folk to cryptocurrencies than any other. Ease of use. Frictionless transactions.
At the same time, hacks, flash crashes, government raids and lawsuits are ongoing issues for centralized crypto exchanges.
Bank of America recently admitted to doctoring paperwork on over 16 million market orders from institutional clients, claiming to have immediately executed their orders while actually routing these orders to other firms before executing them.
If P2P decentralized exchanges take over, it could change the world as we know it.
About the Hosts
C. Edward Kelso
C. Edward Kelso has written hundreds of articles as a journalist covering a range of topics from international finance, regulation, to cryptocurrency philosophy, interviews with luminaries, and book reviews. He is a longtime journalist focusing on financial technology, with a particular emphasis on global political structures and their influence.
Being based in San Diego, California USA allows him to experience binational economic arrangements (Mexico and the United States mostly) alongside a local hub of technology sector businesses -- from genomics to mobile phones.
Matt Aaron has been podcasting since 2013, when he launched the Food Startups Podcast.
He recently found a second love in cryptocurrency and blockchain and hasn't looked back.
His first major investment into cryptocurrency was the money he made betting on (but not voting for) that Donald Trump would win the 2016 election.
Matt believes that public blockchains and cryptocurrencies are the solution to the many problems exposed of the current banking system in the 2008 financial crisis.