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#104 - Wachtell Lipton's David Adlerstein and Kevin Schwartz on Decentralization, Smart Contracts, Tornado Cash & NFTs

Law of Code

CHAPTER

The Risks of Cryptocurrency

The ability to get 8% or north of that of a return on your crypto, which is otherwise a passive asset was very attractive to a lot of people in the market. But then it raises the obvious question, well how are these companies generating that return? And so I think that going forward, these kind of business activities may remain desirable, right? But it should be within a rubric that has some balance.

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