Amir Haleem (Nova Labs) on Helium, DEPIN, and DeWi (EP.437)
On The Brink with Castle Island
00:00
Stablecoins: The Future of Decentralized Architecture
I don't know how you bootstrap the network in the first place or get the flywheel going. I think that was also one of the magic things about crypto, this price discovery process that occurs as the network grows is what allows for them to grow. And so if you take that out, I think the growth would be a lot slower. Maybe not impossible, but it would just arguably take a very, very long time because you need the flywheel of demand to really happen instantaneously. Otherwise, there's no way to fund the network.
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