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DRiP CEO: Crypto’s transparency and speed diminish any speculation

Author: Content Editor
In a recent talk at Solana Breakpoint, Vibhu Norby, CEO of DRiP, discussed how blockchain technology reduces speculation by promoting transparency and rapid information flow. He used a prop, a bag with a purple wig, to illustrate how knowing what's inside eliminates speculation. Norby explained that in traditional markets, speculation arises from incomplete information, whereas blockchain provides all participants with the same information at all times. He further emphasized the reduced speculation in blockchain-based lending and DeFi due to full collateralization and publicly visible asset values. Norby also mentioned that the rapid rise and fall of token prices is the market quickly discovering their real value. He suggested that faster blockchains like Solana contribute to further reducing speculation by enabling almost instantaneous price discovery. While speculation can never be entirely eliminated, Norby believes that blockchain's transparency and speed inherently make it anti-speculative.

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