#644 Understanding Bitcoin and Blockchains with Nic Carter
The Pomp Podcast
00:00
Is the Cryptoponci a Social Status Game?
A, we are going t have a conversationo this is officially my favorite ever. I should have worn it to day. How how sustainable is all this? Right? So we see the crypto ponx it seems like thats ike entered into this like, social status game that people are playing. A, no than why somebody buys an expensive car or watch or or whatever. The ether rocks somehow. Now, have i entered that realm as well? Do you buy the argument that, like, its literally just people trying to prove who's cooler, whos richer, who's whatever? Or is there some other fundamental value, like, how do you value it all this?
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