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Michael Breitenbach — On Crypto, AI & Cynicism (EP.150)
Infinite Loops
Cryptocurrency
There is a lot of stuff you do not want on the blockchain. There's a lot of societal risks that aren't being discussed. The fact that Crypto APCIS ecosystem could actually support 40 billion tera-luna blowup in a weird way is bullish. Now the question is we have this technology. A lot of regulatory bodies are reluctant to have real world assets on chain. We're sort of gone there with dollars and that's been the game changer for properly monitored off chain collateralized stable coins. That's huge, but there's not US Treasury there yet. If crypto is going to grow, that link between the real world and the tech people would say is kind of
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