JA Westenberg
@daojoan.eth
the tough reality for crypto-based social platforms: 90% of people are here for one thing—number go up. Builders trying to make genuine, lasting products are up against a crowd that checks out the moment their portfolios dip. Hard to build community when everyone’s just watching the charts.
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Joshua Hyde
@jrh3k5.eth
The goal, then, shouldn't be to attract people already in the crypto space, but those outside of it with features that are friendly and useful to people who aren't crypto-forward. That turns today's 90% into tomorrow's 10%.
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JA Westenberg
@daojoan.eth
We've been saying that for a decade and change
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Joshua Hyde
@jrh3k5.eth
I think the tech has come around to be competitive with users' expectation of speed and convenience from traditional apps. At the risk of having drank too much of the Flavoraid, I think we're at a point of sufficiently-low latency and stability of onchain currencies to make it appealing for people who aren't ideologically concerned with decentralization - i.e., bitcoin is only useful to people who care about censorship, but single-second, cheap/free USDC transfers that cross borders easily is useful to people who just want to send some money to their parents or friends.
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