Living on Blockchain is about removing the jargon from the blockchain and crypto space, disseminating information for greater adoption and most importantly, shedding more light on the women and men in blockchain, creating interesting platforms.
In this episode, Joe walks through his journey from early Bitcoin interest to building Field Digital, a crypto-native fintech conglomerate focused on acquiring cash-flowing infrastructure businesses and taking them public. He explains why public-market structures and permanent capital are key for institutional adoption, the role of M&A in scaling, and which infrastructure layers (bare metal, protocol, RPCs, validators, compliance, distribution) will matter most over the next decade.
Joe also discusses lessons from investing, the challenges of running a public crypto firm, how AI and decentralized compute intersect with blockchain, and practical advice for founders and newcomers: be resilient, focus on sustainable fundamentals, and experiment to find product-market fit.
In this episode:
- Why crypto infrastructure is consolidating
- Field Digital’s acquisition and roll-up strategy
- What makes an infrastructure company worth acquiring
- The missing pieces of the institutional crypto stack
- Building vs. buying infrastructure
- Why public markets matter for crypto companies
- Where infrastructure margins could emerge
- Overfunded vs. underfunded areas of crypto
- What an AWS moment for blockchain could look like
- The transition from crypto protocols to crypto institutions
