Caitlin Long, founder and CEO of Avanti Financial Group, talks about the issues plaguing the current state of technology in traditional finance and how her background as a 22-year Wall Street veteran, gubernatorial appointee to the Wyoming Blockchain Task Force, and crypto pioneer is helping her sha
Publish Date: Mar 02, 2021
There are currently no snippets from Caitlin Long: Why Avanti Will Be a New Kind of Crypto Bank - Ep.216.
Snippets are an easy way to highlight your favorite soundbite from any piece of
audio and share with friends, or make a trailer for Unchained
There are currently no playlists containing this audio.
Add this audio track to one of your playlists
Caitlin Long, founder and CEO of Avanti Financial Group, talks about the issues plaguing the current state of technology in traditional finance and how her background as a 22-year Wall Street veteran, gubernatorial appointee to the Wyoming Blockchain Task Force, and crypto pioneer is helping her shape Avanti into a bridge between conventional banking and crypto. Tune in to hear Caitlin discuss: the current state of crypto adoption on Wall Street (1:09) how her entrepreneurial spirit galvanized a career spanning Wall Street, the Wyoming Legislature, and, now, crypto banking (2:07) why Caitlin fell in love with Bitcoin (4:57) fractional reserves and why the current financial system is a “violation of property rights” (7:00) how stablecoin technology will change banking leverage and what effects faster settlement times will have on inflation (11:30) why corporate treasurers have been using BTC since 2014 in foreign exchange transactions (17:14) what issues Wyoming is trying to solve through crypto legislation and why banks might be closing down customer accounts linked to crypto exchanges (19:18) a proposed Wyoming bill that would prohibit judges from disclosing private cryptographic keys (28:32) where the idea for Avanti came from and how it will be different than other banks (32:50) existing problems with stablecoin regulation and a deep-dive into GAAP accounting for crypto (46:51) why Wall Street’s accounting system is to blame for the GameStop and Robinhood situation (52:32) whether or not a blockchain could work for settling securities (52:32) her thoughts on pension funds and endowments directly owning crypto (59:54) what it is going to take for Avanti to successfully bridge the gap between traditional finance and crypto (1:02:38) Thank you to our sponsors! Crypto.com: https://bit.ly/3jzkTAD Download the Crypto.com app here: https://crypto.onelink.me/J9Lg/laurashinpodcasttesla Square: http://square.com/go/unchained Episode links: Caitlin Long Twitter: https://twitter.com/CaitlinLong_ Personal website: https://caitlin-long.com/ CoinDesk profile: https://www.coindesk.com/most-influential/2019/caitlin-long Avanti Website: https://avantibank.com/ Twitter announcement: https://twitter.com/CaitlinLong_/status/1231958552790482950 Avit: https://www.coindesk.com/unpacking-the-avit-avanti-banks-new-digital-asset-being-built-with-blockstream Banking charter: https://www.forbes.com/sites/michaeldelcastillo/2020/10/28/avanti-unanimously-wins-bitcoin-banking-charter/?sh=50db610816aa Wyoming and blockchain: https://www.coindesk.com/haven-blockchain-case-wyoming GAAP accounting and crypto: https://twitter.com/CaitlinLong_/status/1356759511856410624 Trust charter vs. SPDI: https://twitter.com/CaitlinLong_/status/1349850451374587907 Special purpose depository institutions: https://twitter.com/CaitlinLong_/status/1194022779730968577 Bailment: https://www.forbes.com/sites/andreatinianow/2019/03/07/a-split-emerges-in-blockchain-law-wyomings-approach-versus-the-supplemental-act/?sh=49635109719a Caitlin on GameStop: <a href="https://www.coindesk.com/fir