Vitalik Buterin
@vitalik.eth
My hot take re "too much investment in infra": there's too much investment in *some kinds of infra* and not enough in others, and what's actually going on is, people want to invest in "the casino" but still feel good about themselves, so they invest in the subset of infra that gets spillover profits from the casino.
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ted (not lasso)
@ted
1. if infra is overinvested, then what do you feel is underinvested in? 2. so is investing in infra the crypto version of a virtue signaling / impact investment approach?
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