Vitalik Buterin (@vitalik.eth): [Farcast] 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 act…
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[Farcast] 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.