i think the whole cryptolization of stocks idea ultimately breaks down, because stocks are still actually stocks. There still percentage ownership of a company, and those have rights. So there's all these kind of, it's actually more like your buying a share of a dow. And and you don't have decide ability on this dow either. That person doesn't exist. Throgit probably e like huge mons of doge lying around that they just don't care about, because, it's not worth very much. It's different because no one is expecting it to be something other than a mem or other than a vio crypto concept.
Today, Su and I discuss the rise of WallStreetBets and financial populism in general. As one of the most experienced market participants I know, Su has a unique perspective on the story behind the GameStop short squeeze. We explore why he thinks it is going to end in tears for small investors, which invisible rules of the traditional financial system have been laid bare for everyone to see, and how all of this massively validates crypto and Defi going forward.
Su Zhu https://twitter.com/zhusu
Hasu https://twitter.com/hasufl
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