crypto combines this with, i think, too important a innovations. And the first is that you have kannoby, the unchangeable rules,. The second is like digit value, right? In the way that we can use this to create incentives for people. We see this with bitkoin. Bitqoin, is itself, like an enormous economic innovation.
Today, Su and I discuss the rise of WallStreetBets and financial populism in general. As one of the most experienced market participants I know, Su has a unique perspective on the story behind the GameStop short squeeze. We explore why he thinks it is going to end in tears for small investors, which invisible rules of the traditional financial system have been laid bare for everyone to see, and how all of this massively validates crypto and Defi going forward.
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl
Our homepage and mailing list https://uncommoncore.co/podcast/