"Nine out of ten people who bought these tokens have no interest in using this cloud computing platform. And so what the government is going to really start to realize here is people are taking advantage of the gambling nature and the west of crypto," he says. "If it's this one sided, perhaps they should sell them to people, only to people who are using them on the network."
In this rapid fire news episode, Jason covers a16z-backed Dfinity's crypto class action complaint (02:46), Snapchat and Twitter's massive earnings (19:33), the CCP considering turning it's ed-tech sector non-profit (34:15), Alphabet's new company (40:23), San Francisco's 17M sq. ft. of vacant office space (47:22), and then reflects on some old Disney+ predictions (58:28).