Re-listening to @dwr.eth and @fredwilson.eth chat, and had a realization — web to mobile was a straightforward platform shift (relatively speaking), yet Tumblr and other web players couldn’t adapt

Crypto is a much more Byzantine platform shift, yet many assume incumbents will learn how to add wallets and chains — unlikely!

Working on Farcaster and Warpcast. Longer thoughts at https://dwr.email

Re-listening to @dwr.eth and @fredwilson.eth chat, and had a realization — web to mobile was a straightforward platform shift (relatively speaking), yet Tumblr and other web players couldn’t adapt

Crypto is a much more Byzantine platform shift, yet many assume incumbents will learn how to add wallets and chains — unlikely!

https://youtu.be/Kqf_9NxhMfI?feature=shared

friendly neighborhood shitcaster / building @pinetree

Good counterpoint, but I think you could reason about mobile that way (and arguably, companies did... and failed)

Ie. "is it a real platform shift, or is it just changing the size of the screen?"

Narrator: it was a real platform shift

playing the other side:
is it similar to platform shifts (web to mobile) tho? or more like swapping paypal vs stripe vs some legacy credit card provider for your website/app

Reminds me of the talent influx into crypto in 2021

Faang lifers were going to opensea lol

Tumblr had a rough brain drain during the App Store meta.

Whole teams in NYC up and left to work at Twitter and Instagram. Crazy competitive during that time.

protocol eng @ recallnet.twitter, interested in verifiable computing, mod /zk; avichalp.me

there was clear evidence that usage was increasing on mobile. it is not clear that is the case for crypto yet. users seems to be satisfied with the status quo

You’ve got to go back to get it again sometimes