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balajis
@balajis.eth
The decentralized version is more valuable. Bitcoin is worth $1T and PayPal is worth $64B. Ethereum is worth $400B and Stripe is worth $65B. So, if Farcaster really takes off as a protocol, and it’s getting there, it could be even more valuable than existing social media companies.
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0xlapi 🎩
@0xlapi
Is it getting there? Feels like a playground for crypto natives. How is it going to attract actual normies? How is it going to compete?
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Crossmint
@crossmint
It takes time to get there. It took Facebook 2 years to be in .edu close beta before opening to public. Of course, adding more features and functionalities (which the protocol enables) will be key.
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0xlapi 🎩
@0xlapi
Yes, of course it takes time. It is not only features: today I have a hard time to explain to my wife and family why they should be in Farcaster. For us crypto natives it is pretty much straightforward.
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Crossmint
@crossmint
That's fair - what arguments do you end up coming up with?
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