Dec 10, 2019
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.
Today I’ve got 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).
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