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Shaan Puri: Crypto backlash is driven by resentment of instant liquid wealth

Shaan Puri · The Next Big Social Media Network Will Be On the Blockchain. Nader Al-Naji Tells Us Why. · Nov 3, 2021 · at 28:05

Host Sean Puri discusses the hostility BitClout and crypto projects face with founder Nader Al-Naji.

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“I think that people don't like when someone gets rich without quote unquote earning it, and I think what people saw is that the insiders, so the people who created it, or maybe the early buyers, they bought so early on the bonding curve, they got so early on, and wow, hundred million dollars is coming to this thing, these coins have run up in price, or the profiles have gone up in price... In crypto, you're liquid too. So you get the early hype and you get the liquidity of the Lambo and the mansion. And I think that that is actually what triggers people about crypto in general”

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