Rethinking the Investment Logic of Public Chain With Open Sewer Model

Written by bingventures | Published 2022/08/26
Tech Story Tags: web3 | public-chain | cryptocurrency-investment | open-sewer-model | good-company | investment-logic | switching-nodes | pipefi

TLDRWarren Buffett’s longtime business partner, Charlie Munger, has expressed his distrust of cryptocurrencies in media interviews. He called the “crypto craze” a “massive act of stupidity” He described cryptocurrency as “like an open sewer full of evil creatures” and hoped investors would never touch or buy it. In this article, I will share evolutionary points about public chains and build an interesting sewer model around the current historical stage of public chain technology development. In particular, I’ll explore a new model called PipeFi.via the TL;DR App

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Written by bingventures | Investment manager at Bing Ventures and a seasoned crypto analyst and writer.
Published by HackerNoon on 2022/08/26