Friday, November 15, 2024
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‘People Like to Root Against the Winners’

People like to root against the winners. Part of it also comes from a general, not lack of understanding, but lack of a deep, intellectual curiosity about what tokenomics can mean and enable. There’s different use cases and parameters around traditional stocks versus tokens. The more that people dig into DeFi, governance tokens, utility tokens and play-to-earn economics, all of that will make a lot more sense. But when you come from that traditional finance world and you see something without diving deep into the space, it’s easy to make basic comparisons that might not necessarily apply.

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