RE: Crypto is Extractive

I have thought a lot about if crypto adds value to the world economy or if it has just shifted. The one main reason I think crypto does add and isn't just a shift goes back to energy. A lot of electricity is being used to mine and I would say world wide there is likely more electricity being used right now than any other time in human history.

I would say crypto is becoming more competitive. I feel like you used to have to be in the upper 5% but now you have to be in the upper 3% to make it. Almost everything in crypto doesn't pull from other revenue sources and I feel that is why Pudgy Penguins was a turning point in a lot of ways.

The musicians out on the Arena were pretty mind blowing. Like guys playing live on the Stages. Pretty impressive but it was still likely tough for any of them to really get big payouts from it.