Important question for crypto founders: Can the biz you want to build w/ the protocol be invalidated by improvements to the protocol? My experience w/ BTC in 2013 was this is hard if you're not a wallet, exchange, or blockchain interface. This question makes me bullish on ETH.
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Value is created either way but if it can be captured by the protocol then you're at risk. In the long term, I think the fact that more types of businesses can be built on something like Ethereum means way more people are incentivized (full time) to build and advocate for ETH.
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Yes, in Ethereum world EIPs can still be made for business specific things, but I'm skeptical about standards (as opposed to builtin protocol features) killing businesses. You still need people pushing a standard on others for it to work.
6:20 PM - 25 Mar 2018
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