In this episode, we’re joined by Felipe from Theia to discuss his recent thesis piece, “Internet Finance”. We cover his thoughts on global property rights, and how crypto rails can truly make capital a globally competitive market. Additionally, we discuss fundamental based investing, returning capital to token holders, and developing a moat in crypto. Finally, we discuss dead capital in DeFi.

Thanks for tuning in!

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Resources

Internet Finance by Felipe: https://x.com/TheiaResearch/status/1876618782871048429

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Uniswap Labs is running a $15.5 million bug bounty for critical bugs found in Uniswap v4, the largest bug bounty crypto has ever seen!

This bug bounty follows nine independent audits of the protocol, and aims to make it one of the most rigorously reviewed codebases ever deployed to Ethereum.

You’ll find all the information you need about the bug bounty, from eligibility and scope to, of course, details about rewards and prize payouts in the following link: https://v4.uniswap.org/?utm_medium=podcast&utm_source=bellcurve&utm_campaign=11-24-v4

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Timestamps:

(0:00) Introduction

(3:58) Unified Servers and Smart Contract Codes

(12:42) Global Property Rights and Tokenizing Assets

(21:08) Uniswap Ad

(22:02) Morpho Ad

(23:10) Theia's Investment Thesis

(26:28) Does Crypto Trade on Fundamentals?

(29:20) Returning Capital to Token Holders

(38:02) Good Business, Bad Token

(43:55) Projects with Equity and Token Components

(52:23) Developing Moats in Crypto

(1:03:50) Can Robinhood Compete with Coinbase?

(1:06:36) Dead Capital in DeFi

(1:12:58) Closing Thoughts

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Disclaimer: Nothing said on Bell Curve is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mike, Jason, Michael, Vance and our guests may hold positions in the companies, funds, or projects discussed.