Conversation

We need a term for the phase of a technology's evolution that comes right after proof of concept, but should not/cannot be conflated with narrow commercial viability terms like MVP. Something like "proof of design richness" as in constraints showing signs of loosening fast enough
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Moore's law and friends is a good example. Almost every important dimension of computer design got looser and cheaper past PoC. Something like high-speed rail is a good counter-example. Nothing got looser and cheaper past PoC.
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I think Moore's Law happening after the initial commercialization of ICs is instructive. Whereas say blockchains having decrease transaction costs/latency or network size may not really mean anything when we have yet to see a single successful commercial use case.
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commercial is the wrong level of expectations... a more accurate critique would be, we have yet to see a single successful virtual country or even a DAO doing something other than trading and NFT collecting it's a political technology more than a commercial one
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the most successful political application so far is probably venezuela underground economy next is chinese capital flight actual crypto native startups etc. will come when layers above the political stabilize.. it's political entrepreneurship town now
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Re: Political Tech: That's at least the scene's ideology, but I think it's likely closer to BitTorrent, a brief period of skirting the laws, followed by legit businesses better executing the core business cases. When I said "commercial", I meant not illegal.
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It's going to be interesting to see if the money transfer aspects of it are durable when regulation/tech catches up. Seems like US / China are probably going to be pretty good at enforcement, but the Venezuelas may still be able to buy services to do so as well.
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I'm thinking more on the de facto sense of "legal" from an enforcement cost perspective. With BitTorrent, it was actually pretty easy to get ISPs to send letters out, which scared most people. I'm unsure if it's similar with crypto stuff.