Venkatesh Rao ☀️ pfp
Venkatesh Rao ☀️

@vgr

This is just so extraordinarily dumb. IMO getting in bed with trump will cause more net damage long term than FTX and the excesses of the NFT wave combined. They also messed up the good parts of prediction markets with all the insider trading. Sure the tech had exploitable vulnerabilities but in a better environment it might have hardened safely over time. Now it looks derailed. https://www.cnn.com/2026/07/02/business/trump-memecoin-crypto-gains
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