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Sam Bankman-Fried and Matt Levine on How to Make Money in Crypto | Odd Lots
The Potential of Blockchain Technology
joincolossus.com- What was the aha moment for Scott with crypto?
- Scott was aware of crypto early, but very skeptical. Saw that everyone was trying to decentralize just for the sake of it. But decentralization has costs. Centralized entities are often more effective in coordinating interaction.
- His opinion started to change with examples of use-cases where tech was
Sari Azout • Market Design Masterclass ft. Scott Kominers
The only way everyone keeps making money is if other people keep putting more money into the system, which either requires more people or deeper pockets from existing people.This is the metagame of STEPN: how long can you milk the magic money machine before it all comes crashing down? And can they fix their doom loop before it gets triggered?