"I think it's fine for people to buy the stuff to speculate with," he says of crypto. "The only thing that I've seen that kind of makes sense with it is like the moving money country to country and usually crypto is a brief intermediary" He doesn't see any value creating anywhere, including in games such as Axie Infinity which has been called a Ponzi scheme by Chris Dixon on Twitter.
Jack Raines is an online writer and LinkedIn provocateur, whose newsletter Young Money has already amassed 30,000 readers. Jack joins the show to discuss the importance of travel, the upsides of authenticity, risk, luck, and much, much more! Important Links:
Show Notes:
- Jack’s origin story
- Optionality and opportunity costs
- Hostel hopping
- The healthy life
- Grindset and hustle culture
- LinkedIn pranks
- Slamming the door on opportunities
- Work culture and the Great Reshuffle
- The luck of being alive today
- Crypto skepticism
- Quantifying risk
- Jack’s three favourite places in the world
- The default path is not your destiny