The reason for it to have stable coins is at all, is basically, you don't want to be necessarily index to the highly volatile movements of crypto. And so having some hedge of dollar, like something that's not as volatile and ties back to the dollar,. You can go to a stable currency, which allows you to do stuff like, you can borrow and lend. We're constantly settling up. It's a unit of exchange that is fixed. That that's very important in any base level financial system.
(00:00:00) Intro with Zach Weinberg
(00:02:22) Public Market Bloodbath
(00:07:10) Distribution of Risk
(00:12:56) Update on SoftBank and Tiger
(00:28:30) Eric Golden joins the pod to talk Luna
(00:30:04) What happened in the market this week?
(00:40:55) What is Luna?
(00:53:21) Why is this pulling down Bitcoin as well?
🎬 Clips on TikTok - https://www.tiktok.com/@theloganbartlettshow
About the Show
Logan Bartlett is a Software Investor at Redpoint Ventures - a Silicon Valley-based VC with $6B AUM and investments in Snowflake, DraftKings, Twilio, and Netflix. In each episode, Logan goes behind the scenes with world-class entrepreneurs and investors. If you're interested in the real inside baseball of tech, entrepreneurship, and start-up investing, tune in every Friday for new episodes.
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