I think what's wool about using web three is it's a bet on open systems. It's like we are literally allowing people to exit the loyalty system, not the primary reward system,. And they're playing around, right? They're not trying to unsea their one point six billion dollar bank. I just think about whywe they couldn't just do it on on a, you know, on a data base or somethinglike that. So two questions then, is this part of your thesis? And the second part is, do yoha need web three for this?"
Timestamps:
- (00:00:00) - Intro + Meme Of The Week
- (00:03:19) - Burning Man Highlights
- (00:05:59) - Ethereum Merge In Simple Terms
- (00:10:39) - Pros & Cons Of Proof Of Stake
- (00:12:49) - Store Of Value
- (00:16:01) - Examples of Bad Behavior in Proof Of Stake Mechanism
- (00:20:31) - Merge, Surge, Verge, Purge, And Splurge
- (00:23:08) - Verkle Trees + Polygon
- (00:32:28) - Should We Be Worried?
- (00:35:19) - Polygon Powering Starbucks Loyalty
- (00:38:28) - Jon Wu's Case Study on Starbucks
- (00:47:39) - Will Starbucks Call Them NFTs?
- (00:50:02) - Kanye’s Business Deals & Negotiating in Public
What Is Not Investment Advice?
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