teddit

all-in

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

except then some of the guys proceeded to go “I’m bearish on crypto” and I was like “wait polymarket is crypto” and they were like “no we would say that’s blockchain not crypto”

interesting

after this experience, i reached out 1:1 to a mix of 30 non-crypto people — tech-forward engineers, founders, execs.

85% regarded crypto + blockchain as different. they value blockchain, not crypto. one even said, "when i hear crypto, i immediately think "scam".

and people think memecoins will solve our PR issue?

Do you really think different PR will change that kind of person’s mind? 

They will come around to blockchain because they will have to (the tech) and then realize that blockchain is crypto. 

Let’s focus on ourselves and the people who get it now. Get the early adopter cohort larger, richer, and tighter first

BizDev /poap (was POAP guy at /farcon), Co-Founder Blockchain Beach, Bitcoin Ordinals investor since Feb ‘23 

to clarify, PR means public relations, not press release or any other specific tactic. it is undeniable that the industry has a reputation problem.

i'm skeptical of those that claim memecoins will appeal to mainstream; my own POV is closer to yours.

we don't need mainstream in the next 10 years, but like 20-30% adoption.

Parallel dev psychedelics: it takes years to decades to reframe public perception...and there are many get quick (and dangerous) DMT fixes in LA over a weekend, just like there are shitty meme coins. Yet I help people heal with same psychedelics.