According to BlockBeats, on July 16, Vitalik Buterin posted on the Warpcast platform that his view on "overinvestment in infrastructure" is that in fact some types of infrastructure are overinvested, while other types are underinvested.
What is happening now is that people want to invest in âcasinosâ but want to feel good about themselves, so they invest in the subset of infrastructure that benefits from casino spillover profits.