Too Long; Didn't Read
Warren 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.