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16min chapter
The Chopping Block: EigenLayer Launch, Celestia Controversy, and Ethereum’s Future - Ep. 714
Unchained
Navigating Value Capture in Cryptocurrency
This chapter explores the dynamics of value capture within the cryptocurrency ecosystem, drawing comparisons to Amazon's growth and arguing that immediate profitability isn't necessary for success. It delves into the implications of token staking practices and the ethical considerations of investor gains, while highlighting the importance of transparency and informed decision-making for retail investors. The chapter also examines the varying approaches to capital accumulation and fee growth among different blockchain layers, emphasizing the need for unique differentiation in the competitive landscape of decentralized applications.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode