Navy
@coel
I got into crypto during the bull market and even bought Ethereum at $4k. Although I’m net up, I told my dad with conviction “Dad I’m joining the space myself, it means I’m pumping my own bags. It’ll go 10x from here” What’s the usecase for Ethereum again?
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Cameron Armstrong
@cameron
Not sure if it was a rhetorical question, but if you’re actually wondering - Ethereum is a globally distributed, permissionless virtual machine This unlocks a brand new way to build composable software that doesn’t turn off and we don’t really know what comes next It’s honestly still insane to type that out.
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Navy
@coel
Totally with you. It is insane to have a global settle layer for, say, stablecoins swaps, protocol ownership(Uniswap), etc. It wasn’t a rhetorical question, I’m trying to look for the answers to “what comes next”. It seems as though we’ve stopped looking.
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Cameron Armstrong
@cameron
I don’t think so, I just think we’ve split into two big camps. The first is the gigabrains continuing to try to eke out another few bps of swap efficiency and other similar things But the second is trying to meet users where they are. That doesn’t feel 10 steps forward (yet), but imo it’s how we get there
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