Layer One vs Layer Two - What's the Trade-Off?

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I'm a huge proponent of building things that people can actually use, not just kind of crypto natives or crypto wales. Ut at the same time, i'm also a little bit concerned about the nihilism of having layer ones that are just scaling at all costs. So how do you think about the trade off? I don't know, i still haven't come to a conclusiony on this one. But i sort of feel like there are a long tail of lower valus cases that are probably just fine,. You know, floating on, floating on these like less secure layer ones.

Jason Kam (@MapleLeafCap) left a lucrative career at a hedge fund to pursue crypto full time. With backing from ParaFi and Dragonfly Capital Partners, Jason launched Folius Ventures to bet big in crypto in 2022 - with a strong focus in China. We discuss:

Is crypto in China over?
The 4 trends Folius is betting on
3 things projects can do to build a moat
5 names Jason is bullish on

Host: Jason Choi @mrjasonchoi . Not financial advice.

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Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries