25: Helium is Touted as the Web3 Gold Standard. Is It All Just a Bunch of Hot Air? (w/ Liron Shapira)

Angel investor Liron Shapira joins Scam Economy host Matt Binder to discuss his viral Twitter thread about the decentralized wireless network Helium, often viewed as the gold standard of Web3 uses cases. We discuss what Helium is and how does it work, how budding entrepreneurs buy expensive hotspots in hopes of earning Helium's cryptocurrency token, who is actually using Helium's wireless network, and much more. Plus: BONUS! As a result of Matt's research into this episode, there is an added commentary about how Helium boasted for years about one of its largest clients being the global scooter rideshare company Lime. Matt discovered...that's not true. Check out Matt' scoop in Mashable on Helium and Lime: https://mashable.com/article/helium-lime-web3-crypto Read Liron's viral Twitter thread on Helium here: https://twitter.com/liron/status/1551738599254773765 The profile of Helium in The Generalist: https://www.readthegeneralist.com/briefing/helium Visit: http://www.ScamEconomy.com Support the show: http://www.patreon.com/mattbinder