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147. Tradfi Crypto Takeover + Will You Swallow The Miracle Pills?

Alfalfa Podcast

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The Problem With Bitcoin

I think Bitcoin's success is predicated on people drinking the Bitcoin Kool-Aid and buying it. This is a better entry for them. I mean like in order to use the smart contract wallets are definitely a way to go but they all have one eventually. It's not really a Ponzi scheme but it kind of is. There's no utility happening under the hood. ETH is very different. People using ETH, ETH is extremely important. We're not going to burn ETH from people buying ETH in an ETF. We're going to burnETH from smart contracts being deployed and used by chains. That's what will happen with Bitcoin now. Tonski? Tonski you

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