Consumer Crypto

The biggest barrier isn’t on-boarding, it’s the broader negative view of “tokens and crypto”. 

The magic wand should be used to bring useful regulatory clarity. Full stop.

ᴛʜɪꜱ ɪꜱ ᴛʜᴇ ꜱᴀᴍᴇ ᴘʀᴏʙʟᴇᴍ

Crypto's bad rep & the pain of onboarding have the same solution.

The view of crypto as a scam (at worst) & high volatility investing (at best) is due in part to having to enter the space via financialized onboarding.

Imagine signing up for Twitter via Chase.

leader • reader • taco eater • sports fan • fly eagles fly • @bunches • /whiskey • previously addepar, linkedin • https://nf.td/derek

Help me understand how you separate the idea of “financialized” from “crypto”.

Building /seedclub 🌱 /consumercrypto 

Make something people want to be a part of

Crypto is about ownership of all kinds, not just financial.

You own your reputation.
You own your identity.
You own relationships.
You own your voice.
You own your fandom.

These things are not financial assets, but can be owned. In other words, the things that web2 companies can take away from us are not financial.

In many cases (not all!), financializing these assets recreates the existing system of ownership (currency) when we have a better means via the chain (cryptography).

Caveat: soft assets *can* and in some cases *should* be bought, traded, more liquid, and there are plenty of great use cases (like art via NFTs).