Alex Wagner
๐ค SpeakerAppearances Over Time
Podcast Appearances
Oh, yeah. Those red sirens are blaring where I am as well. I think that like one of the interesting things about the blockchain innovation was that it was supposed to enable like a new web built on top of decentralized protocols. And what have we gotten instead? A speculation machine. We haven't seen anything built on top of this.
Oh, yeah. Those red sirens are blaring where I am as well. I think that like one of the interesting things about the blockchain innovation was that it was supposed to enable like a new web built on top of decentralized protocols. And what have we gotten instead? A speculation machine. We haven't seen anything built on top of this.
So therefore, all these coins are just entirely speculation oriented. There are rug pulls waiting to happen. I think Bitcoin obviously is different. It's got some staying power. There's a floor for Bitcoin. And people have made a lot of money on it. But is crypto good for anything else? I haven't seen it yet.
So therefore, all these coins are just entirely speculation oriented. There are rug pulls waiting to happen. I think Bitcoin obviously is different. It's got some staying power. There's a floor for Bitcoin. And people have made a lot of money on it. But is crypto good for anything else? I haven't seen it yet.
So therefore, all these coins are just entirely speculation oriented. There are rug pulls waiting to happen. I think Bitcoin obviously is different. It's got some staying power. There's a floor for Bitcoin. And people have made a lot of money on it. But is crypto good for anything else? I haven't seen it yet.
I actually don't know that there are a lot of other businesses like that. Yeah, but what crypto really needs is a deep seek moment. Honestly, technology is inefficient. It needs to be made orders of magnitude more efficient to make any sense outside of speculation. And maybe if and when that happens... then we'll be able to see some real promise there.
I actually don't know that there are a lot of other businesses like that. Yeah, but what crypto really needs is a deep seek moment. Honestly, technology is inefficient. It needs to be made orders of magnitude more efficient to make any sense outside of speculation. And maybe if and when that happens... then we'll be able to see some real promise there.
I actually don't know that there are a lot of other businesses like that. Yeah, but what crypto really needs is a deep seek moment. Honestly, technology is inefficient. It needs to be made orders of magnitude more efficient to make any sense outside of speculation. And maybe if and when that happens... then we'll be able to see some real promise there.
But until then, I don't really believe it's much more than speculation. Maybe Bitcoin is a store of value in some way, but the rest, I'm not getting on board the Trump and Melania coin right now. Sorry.
But until then, I don't really believe it's much more than speculation. Maybe Bitcoin is a store of value in some way, but the rest, I'm not getting on board the Trump and Melania coin right now. Sorry.
But until then, I don't really believe it's much more than speculation. Maybe Bitcoin is a store of value in some way, but the rest, I'm not getting on board the Trump and Melania coin right now. Sorry.
Tim, it's such an interesting point because the Bitcoin folks, they're the maximalists, right? They think that there should be no crypto outside of Bitcoin and all the attention should be in Bitcoin and everything else is a distraction. However, I would say the one variable here is they're getting rich. And they are making so much money.
Tim, it's such an interesting point because the Bitcoin folks, they're the maximalists, right? They think that there should be no crypto outside of Bitcoin and all the attention should be in Bitcoin and everything else is a distraction. However, I would say the one variable here is they're getting rich. And they are making so much money.
Tim, it's such an interesting point because the Bitcoin folks, they're the maximalists, right? They think that there should be no crypto outside of Bitcoin and all the attention should be in Bitcoin and everything else is a distraction. However, I would say the one variable here is they're getting rich. And they are making so much money.
Exactly. And you're right. If they start to raise a fuss over what Trump is doing and he says, you know what, let's put somebody in the SEC that's going to actually put some rules in, then Bitcoin 150,000 or Bitcoin 1 million looks less likely than it might in their eyes right now. Yeah.
Exactly. And you're right. If they start to raise a fuss over what Trump is doing and he says, you know what, let's put somebody in the SEC that's going to actually put some rules in, then Bitcoin 150,000 or Bitcoin 1 million looks less likely than it might in their eyes right now. Yeah.
Exactly. And you're right. If they start to raise a fuss over what Trump is doing and he says, you know what, let's put somebody in the SEC that's going to actually put some rules in, then Bitcoin 150,000 or Bitcoin 1 million looks less likely than it might in their eyes right now. Yeah.
I guess we don't do that anymore, Tim.
I guess we don't do that anymore, Tim.
I guess we don't do that anymore, Tim.