Fabric

hot take: due to being domain-specific, smart/embedded wallets create more problems than they solve

if you have 5 different accounts on 5 different sites and there’s no way to easily unify them, or make them legible as 1 identity, thats broken

web2 all over again but with (a lot) worse ux. tf are we doing?

Trying to make UX usable on mobile for normal people

Agree it’s suboptimal, but asking normal people to set up a wallet is worse imo

agreed—not suggesting that. just pointing out that we need to Do Better. smart/embedded wallets are great little short-term ux hacks. long term, they're a garbage fire. good tech considers the lifecycle of ux, not just onboarding

<1% chance people have a single wallet when this is at scale. Will resemble Web 2 paradigm—a few big winners that most people have.

Why would any of the incumbents give up control?

The operating systems. They won’t care about crypto and then they will.

what incumbents? crypto still way too nascent for there to be any real incumbents imo. playing field wide open for better tech to emerge and dominate