James is a long time investor in the crypto and DeFi space and is no stranger to market cycles. He shares his thoughts on the current landscape and explains where he sees opportunities and how he plans to deploy his dry powder. We discuss both the importance of decentralization and the need for regulations in CeFi, LedgerX (earlier sold to FTX), Polkadot, the UAE as a crypto hub, sustainable yields in DeFi, and what will get us out of the current downmarket.