1/ Mass user adoption for most cryptocurrency use cases are still years off. Less than 10 million people “use” crypto today, and aside from use as “digital gold” or “payment rail”, other use cases won’t have meaningful traction for 18+ months at fastest.
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Replying to @AriDavidPaul
Transactional speed (hopefully Lightning), frictionless UI (wallet, Metamask) and stability (so employers can pay people in crypto) all need to mature. Re stability - I’m not seeing innovation; like 15+ projects but over collateral w/ETH, pegging, etc are old formatted fixes.
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U either collateralize or peg, there is no alternatives to stablecoin design.
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What about Seigniorage Shares
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They explicitly use pegs either to USD or later to CPI. I invested in several seigniorage designs.
10:28 AM - 18 Mar 2018
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