Click to download audio version "It has been a year of success, but something
not talked about enough in cryptocurrency is what it takes to build a
business...We provide software for compliance and investigations, but underneath
it all, we’re a data company trying to understand how value flows between
different entities. That looks kind of like information provision—Bloomberg.
But, its hard to find a comparison for what we do in the traditional world
because blockchains allow for new types of analysis that were not previously
possible." - Philip Gradwell The work of blockchain analysis companies such as
Chainalysis isn’t always welcomed by privacy advocates. However, if you're a
Bitcoiner who cares about the future of the industry, this work is always worth
watching. And there tend to be two great narratives that we hear about how these
companies affect Bitcoin. One is that they bring more transparency and in turn
increase Bitcoin’s adoption and legitimacy. The other is that they are
leveraging data from the Bitcoin blockchain to provide better surveillance for
corporate entities and nation-states at the expense of financial privacy. Coming
to the end of what appears to be a successful year of growth, Chainalysis cut 20
percent of its workforce back in November. This episode features an interview
with Philip Gradwell, he’s the Chief Economist at Chainalysis. We talk about
what exactly is gleaned from blockchain analysis products, why they are seeing
so much growth in Asia Pacific, why they cut 39 employees and whether they are
putting resources into tracking off-chain transactions (final question).
Resources: Twitter: Sponsors: DISCLAIMER: The following content is for
informational purposes only. You should not construe any such information or
other material as legal, tax, investment, financial, or other advice. Nothing
contained in this presentation constitutes a solicitation, recommendation,
endorsement, or offer by BTC Media, The Let’s Talk Bitcoin Network, or any third
party service provider to buy or sell any securities or other financial
instruments.
not talked about enough in cryptocurrency is what it takes to build a
business...We provide software for compliance and investigations, but underneath
it all, we’re a data company trying to understand how value flows between
different entities. That looks kind of like information provision—Bloomberg.
But, its hard to find a comparison for what we do in the traditional world
because blockchains allow for new types of analysis that were not previously
possible." - Philip Gradwell The work of blockchain analysis companies such as
Chainalysis isn’t always welcomed by privacy advocates. However, if you're a
Bitcoiner who cares about the future of the industry, this work is always worth
watching. And there tend to be two great narratives that we hear about how these
companies affect Bitcoin. One is that they bring more transparency and in turn
increase Bitcoin’s adoption and legitimacy. The other is that they are
leveraging data from the Bitcoin blockchain to provide better surveillance for
corporate entities and nation-states at the expense of financial privacy. Coming
to the end of what appears to be a successful year of growth, Chainalysis cut 20
percent of its workforce back in November. This episode features an interview
with Philip Gradwell, he’s the Chief Economist at Chainalysis. We talk about
what exactly is gleaned from blockchain analysis products, why they are seeing
so much growth in Asia Pacific, why they cut 39 employees and whether they are
putting resources into tracking off-chain transactions (final question).
Resources: Twitter: Sponsors: DISCLAIMER: The following content is for
informational purposes only. You should not construe any such information or
other material as legal, tax, investment, financial, or other advice. Nothing
contained in this presentation constitutes a solicitation, recommendation,
endorsement, or offer by BTC Media, The Let’s Talk Bitcoin Network, or any third
party service provider to buy or sell any securities or other financial
instruments.
