I think it's, it's distinct in the way that i almust see it as the answer to the question of what are these big te companies doing if they can never really earn a profit, but they have all this mine share. I wouldn't call it a contrast to market capitalism necessarily, because capitalism itself is very hard to define, really. But i think it's a big contrast to the idea of dealer to client or company to user, that kind of a divide. We now have a way to insenivis participation in these open source endeavours and, more importantly, make them powerful enough that they can serve. They can not only a surpass what a traditional finance can
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
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