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
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...
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2/ When it comes to Money, immutability of monetary policy is orders of magnitude more important than utility.
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