SLP396 Allen Farrington Austrians, Capital & DeFi Yield
Stephan Livera Podcast
00:00
Gambling Is a Real Industry, Right?
The problem here is that, one its gambling. So it is real, it's just stupid. But it's, it's gambling that is sort of masquerading as capital accumulation. That's the best framework to conceive of some of its benefits, but then articulate why it very quickly gets into being basically fraudulent at times, too.
Play episode from 46:40
Transcript
