Tracy Alloway — Understanding Financial Crises (EP.104)
Infinite Loops
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Is There a Future for Crypto?
Londr: I find crypto very interesting. But i haven't yet seen an outside, realistic economic purpose for a lot of this activity. All the stable coins that are now invented their basically synthetic dollars in order to able people to stay within the crypto eco system. A buyer of an n of t will sell it to another buyers of an nft like it feels very self referential and very self dealing ish to me. What percentage of these nft projects, crypto projects, do you think our actually being used actively as money? Londr,. i mean, i would say a decent chunk of them, but i do not have a good estimate. This kind of concerns
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