Michael Nicolletos
π€ SpeakerAppearances Over Time
Podcast Appearances
And some chains, I presume, will start getting a fraction of the transaction, one cent, one BIP, 1.001, whatever.
And value will be accrued through the transaction, through the chain, increasing the value of the chain.
The model, the success model, is not yet proven.
We don't know where this is going to go to.
But in my view, these are the two possible paths.
Zcash?
I missed that.
What happened?
There you go.
And Zcash is a non-systemic problem right now.
Imagine if the Zcash was the Swift system.
Imagine if it was something much bigger than that.
So this is a problem that showed up in something which systemically is immaterial.
I mean by the world systematically.
Obviously, the people who had Zcash probably lost a lot of money.
But in the rest of the world, this is a canary in the coal mine.
You're going to get more of these.
So you might as well start checking if you have any holes faster than anything.
No, no.
I think commodities will do well in the next six to eight months because of the reason you just laid out.