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Empire
Why Polychain Capital Founder Never Sells His Crypto | Olaf Carlson-Wee
Nov 28, 2023
Olaf Carlson-Wee, Founder of Polychain and first Coinbase employee, shares why he believes crypto will be the greatest wealth redistribution of the modern era. They discuss the impact of the leverage cycle, viability of restaking, embedding financial markets into social platforms, wearables, and why crypto will outlive fiat currency.
01:00:40
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Quick takeaways
- Crypto assets should be considered as long-term investments and will outlive fiat money, leading to wealth redistribution.
- Adding financial incentives to social media platforms and gaming experiences can attract billions of users and revolutionize these industries.
Deep dives
The Importance of Crypto as a Long-Term Investment
The speaker emphasizes that crypto assets, particularly Bitcoin and Ethereum, should be considered as long-term investments. They believe that crypto will outlive fiat money and that the value of crypto assets will continue to rise in the future. The speaker does not engage in selling crypto assets, believing that it is a one-way street and that crypto will be the future of wealth redistribution.
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