A Builder Market Is Talent Chasing Value, NYC
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0:00A: How would you define a builder market?
0:01B: I would define a builder market by money chasing talent instead of talent chasing money. In a bull market, you know, money follows money and people start just chasing to chase because they want to earn more than the person next to them. Yeah, at the end of the day, like, that money is not an objective. Money is an outcome, and you have to focus on real objectives to receive that outcome. And obviously, since people were focused on making money more so than creating real value, that the value that -- or the money that was made was not sustainable. So now we’re back down to the bottom of the bear market and everyone’s talking about Ethereum’s price action because they believe it should be higher. But the thing is, right back in 2021, Ethereum’s price had skyrocketed maybe 10,000%. Why was that sustainable? You know, nothing has been built since in a meaningful way.
