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My general crypto thesis is that tokenization of currently illiquid, paper assets and formation of markets is the big theme - not currencies, payments, etc. The reference class is eBay/Uber/AirBnb, not gold/USD/PayPal. Here's some support:https://twitter.com/sbmckeon/status/1000004018666553344 …
So, blockchain is fundamentally an @agoric technology, not a monetary one. Money is an important marketplace, enabler of marketplaces & blockchain's first killer app. But most future growth will be what I call "markets eating the world", not monetary innovation.
Can explain what you mean by "markets eating the world"? I'm very curious
I will have a series of long posts later this year, but in summary, imagine what Uber did for cabs, Airbnb for rentals, happening to every kind of good. Dynamically priced verticals for restaurant supplies, UX design, arbitration, etc.
I can barely wrap my mind around that. Looking forward to those posts expounding on this idea.
They're old, but these papers may help get you thinking in the same direction: https://e-drexler.com/d/09/00/AgoricsPapers/agoricpapers.html …
Yep, I will be citing Eric & Mark. I've been into this stuff since "ecash" in the mid 90s, so I'm familiar with the classic sources. It's the new ones that are hard to track - there's more writing now than I can digest, which is great!
I'm looking forward to it too!
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