At some point, autonomous cars & AR/VR will be here, but I still feel the entire early-stage tech & VC world over-tilted from the outlier events of Oculus & Cruise and may've mistimed it. If I'm directionally correct, I wonder if something similar will happen w/ Bitcoin & crypto.
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Replying to @semil
Patri Friedman Retweeted Patri Friedman
I have a "Bitcoin Bias" thesis that people's analysis of future possibilities for crypto is distorted by expecting it to all be like Bitcoin, when it will probably be different:https://twitter.com/patrissimo/status/994970898179342336?s=19 …
Patri Friedman added,
Patri Friedman @patrissimo
1/ Hypothesis: crypto has a "Bitcoin Bias": almost all thinking analyzes crypto networks as being much more like BTC than they are. As first mover, BTC is highly salient, and everyone in crypto either got rich from BTC, knows ppl who did, or wishes they got rich from BTC.
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7:43 PM - 27 Aug 2018
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