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The Chopping Block: NFA for Founders, Worldcoin and UniswapX Launch, Hamster Racing - Ep. 523
Unchained
The Overfitting of Crypto Infrastructure
It does feel like there may be a bit of overfitting in that, you know, if you look historically investors know that the biggest returns in crypto have all come from infrastructure. There is basically nothing in the application that is ever performed as well as infrastructure in crypto. It seems like a probably not plausible view of the world,. But I think investors just have this shared memory that like well, infrastructure is the only thing that makes money and applications kind of come and go., but infrastructure is forever basically.
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