How do you think about crypto? 1) Digital money/gold 2) A "product" with unique features and functions that you need to convince billions of people to adopt
if you are a middle eastern refugee, a Russian billionaire or a Japanese central bank... do you buy BTC or ETH? Enough said.
-
-
1) I answered the question of "who marketed gold" above. Markets are not passive reflections of underlying fundamentals; just because you build it doesn't mean people will invest. The censorship resistance and monetary economics you mentioned won't be any good if no one knows.
-
1/ You’re thinking of it like a stock, or a consumer startup. But that’s an entirely wrong way to think about protocols, let alone Money. Superior Money inevitably wins, an inferior money can’t win. Silver is used in 100+ industries but Gold in none. Silver is 17B but Gold 7T...
-
2/ When it comes to Money, immutability of monetary policy is orders of magnitude more important than utility.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

