2min chapter

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Agustin Lebron - Trading, Crypto, and Adverse Selection

Dwarkesh Podcast

CHAPTER

Is There a Wealth Transfer From Wealthier to Poorer?

I like that crypto is a shalling point around which everybody has decided, look, all the crazy, weird stuff tat we want to try. I think there's a lot of interesting, exciting things they're going, that are going to come out of the cryptol world. But i'm not saying this is going to be the case, but if all crypto goes to zero, and all that's happened is we've had a large wealth transfer from the rich old to the young, like people who want to build cool st like that's still good for the world,. Like, i think it's going to be more than that.

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