AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Snipd AI
Qiao Wang, Founding Member of Alliance DAO & Messari, discusses speculation in VC's vs crypto users, degens & early adopters, the decentralized utopia, Coinbase's blockchain, stablecoins vs bitcoin in Friedrich Hayek's vision, artificial intelligence, and more.
Read more
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Speculation is viewed differently by crypto users and VCs, with users embracing it as a tool for wealth generation while VCs may be disillusioned with its speculative nature.
- Early adopters, known as degens, have played a vital role in driving adoption and innovation in the crypto space, embracing risks and paving the way for future developments.
Deep dives
Speculation as Contrarian Idea Among Crypto VCs
Speculation is seen as the most consensus idea among crypto users, but is viewed as contrarian by many VCs. While VCs may be disillusioned with the speculative nature of the current crypto market, users widely embrace speculation as a tool for wealth generation. The discrepancy in perception may stem from the belief that speculation is a zero-sum game for most people, unlike venture investing, which is seen as a positive-sum game. However, speculation plays a crucial role in bootstrapping crypto networks and has become a significant driving force in the industry.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode