
106: Web 3.0 | Words to Know
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Cryptocurrency Is Unpaid Territory
There's a lot of opportunity for what we call rugs, where you get some of you investin this thing, and then you take all the money out, and theo leave people hanging. What a weird time to be alive too. It allows so many new entry opportunities for not just companies to to do different things with cripto but for new economic participation. And i've heard several stories of people saying, like, for instance, those that have come from a under banked nations or or areas of the world who want to send money home. But our incentives are fundamentally mis alined.
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