Tokens are Broken – Felipe Montealegre (Theia Research) - YouTube
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So I'm an investor so this will be more at the level of econ 101 as opposed to compsai graduate compsai but I think you'll see some important themes tokens are broken a conversation about structural problems in token markets there are two core themes that I want to hit on in this presentation the first is lemon markets I believe this is the big risk with tokens you've probably heard of acurof's lemon market but I'll retell the story for For those of you who don't know it, Aarov explains the dynamics of the used car market in the early 1970s. There are two types of cars. There are peaches and…
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