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@clout
fear that we may look back at the era from 2021 to 2025 and realize that whilst our industry did not die from regulatory, law enforcement and market attacks they managed to tame crypto, they managed to change crypto into another boring fintech, another boring corporate industry to an industry that prints out permissioned, RWA, KYCd, insider manipulated, non privacy, value constricting protocols and even value extracting protocols they took the spark that once was, the democratization of everything, the ability for anyone to play fair, the freedom to build with innovation, the ability to give users true power and ownership... the ability to dream i hope the pendulum swings back, i hope reflexivity occurs i hope the ability to dream to create crypto native value survives... imagine if the internet stopped innovating internet native businesses at the email stage i hope real DeFi survives, i hope real privacy survives i hope clouted
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@corbin.eth
Far more likely that crypto devolves into 90% speculative casino (dark web-y) than permissioned TradFi alternative fren. And both sub-sectors are just as valid when selling blockspace. Permissioned TradFi alt would likely change the world more. The cool crypto native utopia use cases are a subsector as well but possibly smaller and more experimental. They tend to get more attention in bull markets (see 2021 DAO cycle) ๐Ÿ™‚. Or maybe we'll see the breakthroughs there that we're all cheering for. No one knows yet. And they won't happen if we don't build them.
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