Ep 42: Antoinette Schoar on Decentralized Finance & Crypto
Brave New World -- hosted by Vasant Dhar
00:00
Cryptocurrency
The biggest participants are typically the ones that have the most continuation value in the survival of any system they invested in. The same argument is actually made even more strongly in what is called the proof of stake cryptocurrencies, right? They are all about this idea that if I have a big stake and that's what I'm staking, right, my coins, I want this to survive. And how do I know that it survives? It's supposed to be, you know, honest and true and so on.
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