Barry Silbert, founder and CEO of Digital Currency Group, which has invested in 130 crypto ventures worldwide, describes his company, its strategy for investing in the crypto space, and how his perspective on the development of the space has changed since he first launched in 2014. He also explains why he's not a big believer in decentralization, like many others in the space, why he's not bullish on ICOs, and why he also is a bigger proponent of Ethereum Classic than Ethereum. We also touch on regulation and how he thinks that will affect the development of crypto, why Grayscale launched an investment vehicle for a little-known cryptocurrency, and why he's excited about Decentraland. Plus, he reveals what Wall Street says publicly about crypto vs. what it says privately and reflects on his role in the New York Agreement -- a failed attempt to bridge a divide in the Bitcoin community. Thank you to our sponsors! Altlending: https://altlending.com Blockdaemon: http://blockdaemon.com/unchained/ If you're interested in sponsoring Unchained or Unconfirmed, email Raelene at laurashinpodcast@gmail.com. Episode Links: DCG: https://dcg.co Barry Silbert: https://twitter.com/barrysilbert Grayscale: https://grayscale.co Genesis: https://genesistrading.com CoinDesk: https://www.coindesk.com New York state Bitlicense: https://www.dfs.ny.gov/legal/regulations/bitlicense_reg_framework.htm Decentraland: https://decentraland.org GBTC: https://grayscale.co/bitcoin-investment-trust/ Radar Relay: https://www.radarrelay.com The Unchained interview with 0x, the decentralized exchange with which Radar Relay works: http://unchainedpodcast.co/will-warren-of-0x-on-why-decentralized-exchanges-are-the-future Blog post announcing the New York Agreement: https://medium.com/@DCGco/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77 Unchained podcast on the failure of the compromise: http://unchainedpodcast.co/what-bitcoins-history-says-about-its-future