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179 - The Bankless Origin Story - Raoul Pal
Bankless
The Insecurity of Cryptocurrency
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The reason the terra lunar community was so angry with you guys is because they were feeling insecure, right? Generally, it's a lack of a lack of security or the feeling of security that creates that behavior. I do think the insecurity angle is the right one. That's also like the laser-eyed Bitcoin maxis, the ones that are really loud and tribal. They get insecure because there's like things about Bitcoin that are worth like talking about but they just want to rush that under the rug. And we just finished a $30 million fund raise, which was difficult ish to do in this. No, great timing.
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