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#1007 Nic Carter On The Systemic Issues In American Financial System

The Pomp Podcast

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The Problem With Staked Eath, or Stake Teeth?

Staked eath, or s t eth as man? People see it on one ye. I think it's trading at wat 94, 95 cents on dollar now. A so the problem is when you have these instruments that people think are pegged to something, or are fixed in price, that aren't. Stake eth is not convertible for eth, right? It's only eath that's convertible to stake teeth. In some unknown amount of time, it could be 12 months,. Could be 18 months, a that stake teeth will be redeemable for eth after a certain, ou knowk sort of events happen butth it's not convertible to day so of course it should be

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