3min chapter

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#159 – Richard Craib: WallStreetBets, Numerai, and the Future of Stock Trading

Lex Fridman Podcast

CHAPTER

Wall Street Bets Worked, Right?

Staking was our solution to could we make it so that we could trust? We could know which model people believed in the most. That's a very powerful thing. Having a negative incentive and a positive incentive can make, can make things a lot better. It would be fascinating to think if numerized style staking could then be transferred to places like Reddit - not necessarily for financial investments.

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