We don't need new apps to bring 10M new users onchain. There's a parallel path that no one is talking about:

10% of the 100M monthly CEX traders will trade onchain as CEXs suddenly "list" every DEX-based token.

Only possible now due to web wallets. https://www.kylemccollom.com/10m-new-onchain-users-with-no-new-apps/

I was at dinner with some crypto people in Denver and they heavily disagreed with this take.

Surprised it's still controversial!

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Wow I’m incredibly surprised it’s controversial. Coinbase alone could bring those 10M users onchain let alone all the other companies building DeFi mullet capabilities.