Coin-Labs has a lot of hype to spare, but is it as slick as it claims to be? One of its projects, Layer 2 Labs, has raised a bevy of angel-based funding to build out its drive chains for the benevolent bastards among us. In the process, they've also managed to get themselves a hefty seed round to boot. The company is primarily focused on activities deemed vital to the long-term health of true crypto enthusiasts. The site lists one of their employees, Austin Alexander, as an eight-year veteran of the crypto economy. When you use a digital wallet to transfer money, it is encrypted. This makes it harder for authorities to seize your assets. In addition, it makes it difficult for them to ban you from using the system. Using Bitcoin is a safe and private way to make international payments. The network is completely decentralized and does not have any intermediaries.