2min chapter

The "What is Money?" Show cover image

Bitcoin and the Race to Avoid the War with Cory Klippsten (WiM230)

The "What is Money?" Show

CHAPTER

Crypto Pump and Dump

The crypto pump and dump thing really just seems to be massively attractive to traditional VCs almost as a way to like, I don't want to say accelerate their existing business model. So if you claim, claim the world will be fixed by this crypto blockchain thing, whatever is your flavor of the month, you know, you can get out of your investment before it collapses and make a bunch of money. It's shrunk that traditional VC window of illiquidity from 10, seven to 10 years to 10 months basically.

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