Jeff Park
๐ค SpeakerAppearances Over Time
Podcast Appearances
In a way, it's fundamentally what crypto represents.
Crypto is all about decentralized ways for people to access things at the retail level.
Then two, it's giving liquidity.
Let's just give more liquidity to the system where there's no weird barriers to price discovery that is a large cancer of, I think, the way the current monetary systems operate.
That's why I think like Morgan Stanley is pretty unique in the way they've built their wealth platform.
It's almost, it's different than definitely all the investment banks, but it's even a little bit different, I would say, from like how BlackRock's approached it.
You know, it's a good way to put it.
I think it's competition maximization, but I also think it's productivity maximization.
Yes, yes.
And if you think about productivity, it's like a kinetic energy, right?
It's kind of this idea of translating your battery into growth.
And so it's like kinetic energy maximization is tech.
And you got Bitcoin, which is kind of like the opposite.
I'd say it's like potential energy maximization, right?
It's like a store of wealth.
And so Bitcoin has no interest in having any kinetic power.
It just wants to store really well.
And so what you see is the barbell, the approach of maximization is a great word.
It's a pick a lane and maximize your factor.
And Bitcoin is potential energy and tech is kinetic energy.