Pablo Torre
๐ค SpeakerAppearances Over Time
Podcast Appearances
You just made it.
Yeah.
But what is it worth?
Well, it's worth so typically.
Right.
What you just did, people in the open market of carbon credits, they pay five to 10 cents for that.
What you just did.
aspiration three hours I know aspiration was charging a dollar like that's the margin of like the carbon credits business but your point by the way like what the CFTC is looking into the federal agency that regular they regulate commodities is whether a carbon credit is actually just a commodity not unlike a stock to your question is like what is this an NFT is it is it a financial instrument and
This is an active debate in government.
Like, should we regulate these things like they are stocks?
Because what they really are, according to all of the reporting I've done, they're a lot like widgets, right?
They don't actually exist.
It's the action of you planting that tree.
This tree is real.
No, this tree exists.
I can confirm that.
That's a lot more than... How do I make money off of this is what I'm asking you.
Cryptos are like $100,000.
Look, the thing that we have in the episode as well is that, to Zaz's point.
So Adam Silver, without any ambiguity, says, frankly, I've never heard of Aspiration in any way.