I Think the Market Is Not Going to Have the Long Term Sustainability Ability

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Right now, most of the corporations are experimenting with crypto. I think the market is not going to have the long term sustain ability. It needs to be valuable. At the same time, what really drives markets as big institutional buyers that are able to move the markets with large blocks. That's one way to move from speculation to end in kind of interest on the institutional side. On the consumer side, i think it's going to be interactive. Theal will do nft marketing stunt. or let's do some like ticketing, an f t ticketing thing. Or let's throw something into the mettever until they see a great utility and reason to come in.

Welcome back, this week Lucas and Anita discuss the continued fallout from the broader market crash and how life is going for crypto giants on the public markets. We chat about FTX’s 30-year-old billionaire CEO buying up a big chunk of Robinhood, which is pumping the gas on crypto even as the market cools. We also discuss trouble at Coinbase and the continued fallout from the collapse of Terra.

In their interview this week, Lucas and Anita chat with Mercedes Bent. Bent is a venture capitalist at Lightspeed Venture Partners where she places bets on consumer products in cryptoland. Before joining Lightspeed, Bent spent some time in the VR world, so we picked her brain on where crypto fits into this metaverse future everyone is clamoring about.

Helpful links:
https://techcrunch.com/2022/05/17/robinhood-lets-users-manage-their-own-crypto-wallets-in-push-to-spur-trading/

https://techcrunch.com/2022/05/17/coinbase-backtracks-hiring-plans-crypto-market-turmoil/

https://techcrunch.com/2022/05/17/encode-club-is-minting-new-web3-developers-amid-crypto-talent-war/

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