@apoorv03 Love this! A few q this made me want to learn about:
- will margins for infra/semi fall despite exogenous supply constraints (e.g., DC&energy availability)?
- what will the margin profile of AI apps built on top of models like OpenAI look like (one layer below your App layer)?
right now there are many high-skill immigrants that are begging to come to the US and we don't let them
some day we'll beg them to come and they won't want to
this is an important-but-not-urgent policy disaster, and worse than it seems
@buccocapital Interesting, but only partially agree. Using blockchain to enforce transactions that depend on off chain assets is not a clear use case (code =/ law).
This is not the case of digital assets (e.g., NFTs, tokens, etc.) where the transaction + asset lives on chain (code =law).
@0xAmandaYoung @Stepnofficial Super interesting - thanks for sharing. A valuable insight would be the composition of addresses driving both sides of the market (e.g., largely ind. vs. whales (e.g., @Stepnofficial)). I’d feel better if %ind > %whales, especially on demand side…
@0xAmandaYoung @Stepnofficial Thanks! Do you think there’s enough liquidity on the demand side to match selling pressure from player earnings in GST?
I might be wrong, but I’d be surprised if that were the case. I imagine liquidity is partially subsidized by @Stepnofficial through GMT.
@econoar Agreed. More importantly, DeFi protocols will be the foundation on which future “killer Web3 apps” will be built (eg. Web3 gaming)
Take @Stepnofficial - they use @orca_so to seamlessly swap tokens natively on the app. It doesn’t work w/o it, but you cant tell you use it.