Feel like all the bull takes for $coin base have to do with existing reach/on ramp. But if that’s all it takes why is it’s NFT marketplace such a dumpster fire?
6/25
"We don't need a new L2"
Doesn't matter if we do. Coinbase needs it, and if they incentivize it and redirect their users to it, then it will get high volume use.
The pollen mobile $pcn soft rug is disappointing but not unexpected. Almost all utility token models seem broken. Reasonable enough to incentivize speculative supply side buildout but will always fall flat for demand side.
I'm reading a book a week in 2023. Classics, sci-fi, nonfiction, or anything people highly recommend. I'll keep adjusting the list. Start on Monday, done by Sunday. Might make lowkey videos of takeaways. If you want to read along, the current list is here: https://t.co/hYCs1pvLiZ
@MLeviuxe Seems reasonable given other bank point redemption values. Hard to see it being more than .01. Juno raised $18m in Oct so they should have some budget for marketing to enable gift card redemptions. I’d rather just keep selling bag on secondary whenever it bounces tho
The $jcoin pa has been an interesting prediction market for the expected redemption value for cash-like gift cards on Juno (if/when that actually launches)
Brings me back to my churning days
Stephanopoulos: You said one of your greatest talents…was managing risk
SBF: That’s right and
S: Well it’s obviously wrong
Wouldn’t let him weasel on whether he knowingly commingled deposits. Def didn’t expect the toughest SBF interview would be GMA.