The Chopping Block: Robinhood’s Tokenized-Stock Gambit, Solana’s ETF Splash & the Proof-of-Stake Reality Check - Ep. 862
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They didn't invent any new technology. They just don't have this, and they're like, I don't know. They're they're poor. You know?
We're not I think there's a lot of people that still just have this old school ideology that, like, for some reason, it's valuable for you to put your money in a box and, like, print more tokens, and then, therefore, you get more
money. Greg, if you had, like, a Tesla perp that you can go 20 x long and a trace twenty four seven, that is actually a huge unlock.
I think that people genuinely, like, just don't understand the economics of proof of stake to, like, a meaningful extent.
Yeah. These people could have gone and opened a coin missing out and bought Bitcoin, but they didn't. Not
a dividend. It's
a tale of two point.
Now your losses are on someone else's balance sheet.
Generally speaking, airdrops are kind of pointless anyways. I
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