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?

okay so what’s the strategy? 

keep using crypto and associating with real use cases like stablecoins or polymarket or blackbird or TYB or farcaster until everybody realizes that’s crypto, too?

yeah i wish it was more complicated than that lol. speculation causes too much volatility in value, which makes any denominated asset poor substitutes for real utility.