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The Chopping Block: NFA for Founders, Worldcoin and UniswapX Launch, Hamster Racing - Ep. 523
Unchained
The Impact of Infrastructure on Cyclicity
I think it is very cyclical people invest in infrastructure. And like, oftentimes it doesn't make sense why you're investing into the part of the cyclical that you are. There's an emergent effect where some applications just can't exist without that infrastructure. But I think on the investment front, it's much easier to unwrite an infrastructure that and say, hey, if we're going to get an index, all the stuff that's happening.
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