2min chapter

Animal Spirits Podcast cover image

When to Sell a Growth Stock (EP.237)

Animal Spirits Podcast

CHAPTER

Tokens Crypto - Why Doesn't Twitter Do This?

There is no internet money for twitter. If they tried to do an airdrop to all its users, how the hell would it happen? That they have is your email address. There's no twitter wallets. How would they even do this? So this is why they need crypto, basically. And this is where tokens crypto comes into play. The market esentially, they create a token out of thin air, and then it's put on the market place, and the market decides the price. It'll be really fascinating to see how those incentives have unintended consequences. Er something is really hotike three, and then someone comes along and has better incentives, and all the users leave.

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