Previous to Marc Andreessen’s November appearance on Joe Rogan (my recap here), where he detailed the Biden admin’s efforts to debank crypto, few outside of the crypto media ecosystem acknowledged the issue; after the episode, some of the biggest mainstream outlets either denied Choke Point was a thing, said it was good if it was happening, or argued that Andreessen’s claims were exaggerated. Washingon Post’s coverage of Rogan episode was summed up well with its headline, which asked “Are banks really ‘de-banking’ customers?,” and subheadline, which answered, “Not in the way a certain venture capitalist says they do. But sometimes.”
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