PODCAST: Leaving trad-fi for crypto | Eli Tan of Philippines-based alternate Cash.ph

 Key Takeaways

• Eli Tan left 7 years at Goldman Sachs for crypto, the place he labored at Binance earlier than his present publish at Philippines-based alternate Cash.ph
• He joins host Dan Ashmore on the podcast to debate the transfer, and the way attitudes have modified in direction of his resolution all through the pandemic and within the present bear market
• The duo additionally talk about crypto within the Philippines, a market well-known for embracing the nascent world of blockchain

The world of crypto stays a wild west panorama. Definitely in comparison with conventional finance, with buttoned-up fits, stringent laws and many years of historical past, crypto is a complete renegade.

This was strengthened on the podcast this week. I interviewed Elijah Tan, who took a leap religion in leaving his Goldman Sachs job for the world of blockchain.

After a sting at Binance, at present he’s the Vice President of Operations on the Philippines-based alternate Cash.ph.

It was an fascinating dialog with somebody who talked amusingly of the way it was “frowned upon” to leap throughout to crypto on the time – this being earlier than crypto broke onto the mainstream throughout the COVID pandemic.

In fact, it has been a rollercoaster journey in crypto because the pre-pandemic days. Eli talks about how this has been, and the way the present bear market is affecting Cash and different exchanges.

We additionally mentioned the totally different regulatory atmosphere within the Philippines. Clearly, the developments just lately within the US have had seismic implications for each exchanges and the house at giant. FTX’s spectacular implosion in November confirmed how wild crypto could be, and the latest shutdown of BinanceUSD is the most recent sign that lawmakers are clamping down upon the house.

Elsewhere, the Philippines had been well-known for embracing the play-to-earn (P2E) mannequin, as blockchain gaming exploded in 2021 particularly. However P2E has seen numbers fall off a cliff, so I picked Eli’s thoughts on how this has affected Cash and the general perspective to crypto inside the nation.

The bear market popped up too, and it was fascinating to listen to Eli speak of how attitudes have modified by way of the pandemic, and subsequent bear market, in direction of his rebellious transfer to go away the comfortable confines of trad-fi for crypto.

When you’re considering of creating the transfer throughout to crypto, Eli’s ideas could also be of curiosity!

Hearken to the podcast on varied platforms right here:

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Comply with Cash: @Coinsph

Discover out extra at www.cash.ph

Comply with Eli’s LinkedIn right here