crypto

Base

i'm a relentless optimistic and have wanted to believe otherwise, but i think the reality is that it really impacts it. if you look at the data, the average perception of crypto is really negative. and (as of right now), it's not getting better. that's a really big headwind against us getting people to actually try and then benefit from this new technology paradigm.

two things that i think are really important to solve this:

1. building real, useful, impactful things onchain. we have more and more of these every day, but the more concrete they can be, the easier a time we'll have helping people see the value. nothing is better than a great product.
2. evolving the way we talk about it all. we've found that using "onchain" and talking about this more as a technology platform is a much better framing that folks are actually willing to engage with. 

lots more work to do.

incredibly candid response by jesse. curious to hear others on this one: 

how do you think the industry's perception impacts our ability to deliver on crypto's full potential, both in terms of technology and culture?

It’s a very steep hill that this industry needs to overcome, and it won’t be easy or quick thing to do. All the scandals, scams, frauds in the media don’t help to improve its public reputation. 
Even just mentioning word “crypto” can cause visceral reactions in some people.