Ray clarifies that money is merely a medium of exchange, while wealth consists of assets that generate value over time. He differentiates between cash, gold, and productive assets, showing why true wealth is built by owning things that appreciate or produce cash flow, not by hoarding currency.
View full episode →“Hyperliquid is more community‑reliant than many top‑down DeFi protocols”
“Toxic high‑frequency traders are filtered out through cancel‑priority and reputation mechanisms”
“The ultimate goal is to improve liquidity for uninformed traders, not to profit from predatory strategies”