I think these things have the potential to be money because I think that they are going to be the most widely owned fungible asset in the world. Like Take a guess how many people do you think own equities like on like the S&P 500 or you know some equivalent index on the order of yeah Maybe a hundred million. And fewer people own like fixed income The biggest thing that most people have are like bank accounts or you know CDs, right? And I think that layer one tokens will surpass all of those. Yeah, and so more people will have a Soul or eat or something like that in their wallet Then have any other type of fungible asset. That's why I think
Tushar Jain is Co-Founder of Multicoin
Tushar's Twitter: @TusharJain_
Multicoin's Twitter: @multicoincap
Multicoin's Website: https://multicoin.capital/
Logan Jastremski's Twitter: @LoganJastremski
Frictionless's Twitter: @_Frictionless_
Frictionless's Website: https://frictionless.fund/
Try out NEW Orca: https://bit.ly/neworca_logan
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This Podcast was sponsored by Squads (https://squads.so) & Orca (https://www.orca.so/).
Squads Protocol: the multisig standard you were looking for on Solana
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