Sahil Bloom argues for rewarding active platform contributors with governance rights over passive equity holders during a discussion on social tokens.
Prediction Not checkable as stated
Bloom: Terra Luna faces a real risk of a downward market spiral
“There's this swap mechanism where, If suddenly that yield starts to drop or if they're not able to maintain it, if people start selling rather than buying Luna, and if you have a bunch of people swapping It does create this market spiral, right? Like there is …”
Opinion
Bloom: STEPN rewards paid from new entrants resemble a Ponzi scheme
“The money is from new people buying into it and you're paying out rewards from new people buying in. That to me, I'm like, that's the definition of a Ponzi scheme when I look at it.”
Prediction Not checkable as stated
Bloom: Over 10 Years, I Back Do Kwon and Terra Luna
“I actually don't know where I would land on the bet for one year from now, but 10 years from now, I like I like the Duquan side of it.”
Opinion
Bloom: Buying rental properties is mostly vanity and underperforms REITs
“Personally, I think that most people that buy rental properties, maybe this is a hot take, it's like a vanity thing, where they want to be able to flex and say that they own rental properties. Because the vast majority of my friends that have done that, it is …”
Prediction Not checkable as stated
Bloom: Fed Will Pivot on Q2 Weakness, Fueling Growth Stock Rally
“My gut tells me that we're going to see like a pretty bad Q two from an economy standpoint. Like I wouldn't be shocked if we actually saw a negative growth and people panic. I think the fed will just like reverse course very quickly. Cause they've shown an unw…”
Assertion Not checkable as stated
Bloom: TikTok is de facto controlled by Chinese government
“TikTok, which is Chinese owned, and de facto controlled by the Chinese government, by the way, and owns the data of literally every single teenager in the United States.”