
129. Is Token Investing a Giant Scam?
Alfalfa Podcast
00:00
The Impossible Task of Buying a Token
There's a problem too because you have tokens that actually like like GMX for example I think actually has like a good value cruel mechanism. People just want to Degen trade massive size on ETH in like a decentralized way. It's so it's got product market fit, right? The problem is that if you do that well, you're definitely a security Like so you can't have a product that does that with a non-anon team, right? Right, so either you get like a a fully dot you get like Uniswap But this is like BS founder you get the foundation here and there's a token here and it doesn't do anything, but maybe someday it's
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