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https://warpcast.com/~/channel/opacity
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EulerLagrange.eth - shitpost/acc
@eulerlagrange.eth
Thanks for the h/t @dabit3. It’s true, blockchains are by themselves useful. This explains why even though so much VC funding is deployed we have yet to break out of our own industry in a meaningful way. I wanted to point out a part of Chris Dixon’s recent article I think is incorrect. The lack of utility of Defi is better explained by the fundamental limitations of blockchains vs regulatory bottlenecks. We already have products like Earnifi (linked below) gaining adoption offering stablecoin alternatives to the predatory payday lending industry. This was unlocked by new regulations but zkTLS. The ability for users to port their own data from APIs like Gusto/Workday. Blockchains by themselves are limited in utility by verifiability of the world. This thesis has been validated. https://x.com/dabit3/status/1911819037333430724?s=46
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EulerLagrange.eth - shitpost/acc
@eulerlagrange.eth
https://x.com/dabit3/status/1911819037333430724?s=46
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Garrett
@garrett
what's earnifi? Is there an app?
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Ajit Tripathi
@chainyoda
whats the tls part of zktls
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avi
@avichalp.eth
i think, regulations are upstream of a lot of things. not downplaying the importance of ZKTLS obviously
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phil
@phil
this is also my pet theory for why nfts found pmf with art so early: it doesn't require any external dependencies or bridge to existing asset classes. it can live on its own since the value is inherently subjective
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Apurv
@apurvkaushal
i love zkTLS , but its regulations that will drive a bigger chunk of mainstream adaption. zkTLS can help convince those in suits about all of it being legit..
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Blood
@hanhkinh1
Tin hữu ích quá
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