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anand iyer pfp
anand iyer
@ai
Starting to see a real bifurcation among crypto founders: those who believe crypto is nothing but a speculative platform (and that's all it can ever be) vs those who want to see non-speculative utility emerge on-chain.
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William Allen pfp
William Allen
@williamallen.eth
the non speculative use cases are heavily penalized via regulation (bitlicense, IRS tax reporting requirements) and other industries (no crypto-related advertising on google/meta/etc, bank closures of crypto co banking accounts) so speculation will, somewhat ironically, continue to dominate.
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anand iyer pfp
anand iyer
@ai
I would argue that speculation has led us to the path of these punitive measures. WDYT?
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William Allen pfp
William Allen
@williamallen.eth
I think that's probably true
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