DIGICASH

Many great ideas can live and die at the hands of venture capital.

- Jose Alvarez

Having grown up in the San Francisco Bay Area, I have been I fortunate enough to have had a front-row seat at many groundbreaking events in Silicon Valley. Many major companies we associate with technology, lifestyle, and fintech were all within an hour's drive of my house. But what if that idea is the very way we use capital? The recent collapse of FTX led me down a deep rabbit hole of research to bring you an often-forgotten yet critically important step in fintech history: DigiCash.

Today, the rise (and fall) of FTX is a cautionary tale of risk regarding a popular fintech trend: cryptocurrency. As of this writing, the ultimate fate of FTX, its founder Sam Bankman-Fried, and other FTX executives is still in (and on) the air. Allegations of their mismanagement of customer funds continue to dominate the financial news headlines, leading governments worldwide to probe into the nature of cryptocurrency itself and how it should be regulated.