"Of course it's a bubble": Ethereum cofounder Joe Lubin isn't worried about a crash.


I appreciate this perspective from Joe Lubin. He acknowledges what the rest of us know to be true - the vast majority currently entering the crypto ecosystem is unaware of what it is actually investing in, and that's a recipe for a bubble. At the same time, he points out that bubbles have a way of allocating capital to the area that needs it most - the new one - which clears the way for further development and deployment over time. This framework was originally articulated by Carlota Perez, it's a good one.


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