
Weekly Roundup 12/24/21 (Bitcoin ownership concentration, Jack Dorsey's web3 beef, Corporate Greed causing Inflation?) (EP.271)
On The Brink with Castle Island
00:00
The Future of Cryptocurrency
I think that this is a space that will evolve tremendously overtime. It''s very difficult to imagine an immaculate conception event like bitcoin ever being possible again. You look at grin as a fair launch and people tried to game that immediately, imean people out there trying to um mine as much as they could. So iti's hard to imagine an galtarian distribution a from scratch. And i'd like to see experimentation. I think that might also appease some of the web three critics to a certain extent. Basically, model where it's not so obvious that early extractors are sort of financially benefiting at the expense of late adoptors.
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