“Original sin of web3 was trying to disrupt financial services industry”

Heard this on a crypto policy podcast. Might be sad but true.

But crypto’s most powerful application has always been money vs identity / dec web / privacy / anything else.

You _might_ be able to argue that property rights is more important that money (read the Mystery of Capital)…but IRL property rights are harder to disrupt than financial services.

Co-founder of Unchained Music, Independent Musician @ Intro to Music Theory, Featured in Entrepreneur, Coindesk, Nasdaq, and Yahoo Finance

maybe healthcare but that's about it 😂

All the money, ancient industry, connections with all policy makers. I’m not sure crypto could have picked a harder industry to disrupt, honestly.

Fascinated by bottom-up self-organization facilitated by technological institutions. What will grow on top of the open state structure & web3 tech substrate?

Love you, Corbin,  but gonna disagree.

We'll look back in 20 yrs and the big things brought by blockchain won't be money, but the entirely new ways humans can coordinate using these new means.   Both identity constructs & reputation will be a huge part of that.