In today's episode of Empire, Olaf Carlson, the founder of Polychain and first Coinbase employee, shares why he believes crypto is going to be the greatest wealth redistribution of the modern era. The conversation covers the impact of the leverage cycle, the viability of restaking, and the importance of privacy. They also touch on the L2 and Appchain thesis, embedding financial markets into social platforms, and the potential of wearables. Olaf breaks down why crypto is a one-way street and why it will outlive fiat currency. We hope you enjoy! 

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Join us at DAS (Digital Asset Summit) in London this March! DAS is the #1 institutional conference in crypto, hosted by Blockworks. 

Use the link below to learn more, and use EMPIRE20 to get 20% off your ticket! Sign up now because the price goes up every month. See you there! 

Learn more + get your ticket here: https://blockworks.co/event/digital-asset-summit-2024-london/home
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Timestamps:
(00:00) Crypto Sentiment Check
(06:38) The L2 Wave
(14:52) App-chain Thesis
(24:20) Impact of the Leverage Driven Cycle
(33:35) DAS 2023
(34:51) Toku Ad
(36:03) Crypto in 10 years
(43:44) Privacy Solutions, Shared Security, and Wearables 
(53:24) Why Olaf Doesn't Sell

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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.