Bonus: The Crypto Story by Matt Levine - Part 4
Bloomberg Crypto
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Why You Shouldn't Use Bitcoin to Buy Sandwiches
The decentralized protocols won't be owned by big tech companies. They'll be owned by venture capitalists who buy tokens in these projects early on. Many crypto projects are useful mainly if lots of other people use them. It's hard to build a network effects business from scratch, because there's no network yet.
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