brypto

I feel like i've been Robinhoodposting a lot on this channel

Though honestly their doubling down on crypto seems to me one of the bigger thematic shifts in the landscape over next few years

is it safe to say that any and all crypto native products/companies are going to get their lunch eaten by their trad opposition at the drop of a hat

exactly. JPM says “yup let’s do that” and there’s goes uni. instagram to zora etc.

if the tech truly is real, i don’t see there being a different outcome given the current state of “mass adoption”

Arguably, though innovators dilemma is still a thing. 

The issue I see for existing startups is that all valuable protocols are open source and easily forkable. The moat for something like Uniswap or Aave so far has been liquidity/TVL, which is easily defensible against other startups but not defensible against something like JPM or whatever