5min chapter

Bankless cover image

113 - How to Be Early | Olaf Carlson-Wee

Bankless

CHAPTER

Cryptocurrency

A lot of people use this mental model to understand the crypto industry as some block chains are about money, and some block Chains are about technology. Do you think that the winners of these chains are going to be optimized for money versus technology? Or do you think it's really going to be the change that can figure out how to do both? You know, i mean, i think they're all the same. Like every aset is just an asset. It's all just like, kind of group think, marketing, branding, to try to decide which one's money and which one's a technology. But economic properties matter a lot. There have been interesting technologies that have fully flopped

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