This is Eric Golden and my guest today is Stevie Cline. Guests on this show usually have unique backgrounds, but having gone from dairy farming to earning multiple law degrees to founding a biotech startup to a partner at Vol 1. Ventures today, I think Stevie beats most of them. We start this episode with her unique backstory and the problems she saw in the VC world. We then talk about why the banner at Vol. 1 Ventures says ‘Let’s keep you out of Jail’, the regulatory and political landscape, and the potential of Crypto in rural America. Please enjoy my conversation with Stevie Cline. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by OKX. You may have seen OKX on McLaren’s Formula 1 race car or Manchester City’s football kit. But what is OKX? OKX has over 730 spot trading pairs, 280 derivatives markets, and 1000 options markets. It processes 400,000 requests per second with 99.95% uptime. That’s why over 20 million traders and institutions choose OKX when they want to trade. Visit okx.com to learn more. ----- Web3 Breakdowns is a property of Colossus, LLC. For more episodes of Web3 Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @Web3Breakdowns | @ericgoldenx | @patrick_oshag  Show Notes (00:02:15) - (First question) - How she went from milking cows to having three law degrees (00:05:47) - The burnout from law that lead to the pivot of becoming a founder  (00:09:08) - Key takeaways from being a founder trying to launch a biotech company  (00:11:54) - Positive takeaways from being a female founder that inspired her  (00:13:53) - Thoughts about venture capital and why she thought she’d be good at it (00:17:25) - The thesis behind Vol.1 Ventures and ‘let’s keep you out of jail’  (00:21:05) - Scaling down rates to make legal representation available to a variety of founders (00:25:15) - Her current take of the regulatory landscape today writ large (00:30:45) - Securities versus non-securities and the ever changing status of cryptocurrencies (00:33:02) - The problems with making the Bitcoin and Ethereum statements so early  (00:36:55) - Public narratives and why crypto matters in light of government control  (00:41:58) - Regulatory outlook around cryptocurrency in the short and long term  (00:44:44) - The government’s use of power potentially impacting the SEC and thoughts on the current state of the federal reserve (00:50:03) - Alan G’s paper on the creation of the federal reserve (00:52:01) - The debt ceiling and the economic cost of maintaining the status quo  (00:53:49) - What she’s excited to see built over the next six months and six years Learn more about your ad choices. Visit megaphone.fm/adchoices