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Naval Ravikant On How Crypto Is Squeezing VCs, Hindering Regulators And Bringing Users Choice

Unchained

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The Future of Money

There's also a number of these that are what I consider asset tokens. They're not really a protocol where you have some digital thing you're moving around underneath. It's actually rather mapping some asset in the real world, like a piece of real estate or a car. So those ones people tend to dismiss. And then when you get into what I consider to be the protocol tokens and especially the gold standard of the money like protocol tokens, the bar there's really high because there's only going to be one to five winners in that entire space. The technology has to be, money has a very powerful network effect to it.

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