The One With Matt Levine and Mary Childs
The Compound and Friends
00:00
The Ponzi Scheme in Cryptocurrency?
The idea of early adopters getting to share in the fruits of economic incentives or growth that come along with it as an example, maybe a bad one. The problem with this is turns your podcast into like a little bit of a Ponzi scheme, right? It's not just in DeFi, but it's also it's like, you know, does that exist in traditional finance? Yes. But also like traditional finance has some defenses against Celsius and Voyager because it's like regulated.
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