teddit

all-in

/ted | exploring the onchain frontier | surfing @ venice, ca | eating @ gjusta / gjelina

except then some of the guys proceeded to go “I’m bearish on crypto” and I was like “wait polymarket is crypto” and they were like “no we would say that’s blockchain not crypto”

interesting

after this experience, i reached out 1:1 to a mix of 30 non-crypto people — tech-forward engineers, founders, execs.

85% regarded crypto + blockchain as different. they value blockchain, not crypto. one even said, "when i hear crypto, i immediately think "scam".

and people think memecoins will solve our PR issue?

Do you really think different PR will change that kind of person’s mind? 

They will come around to blockchain because they will have to (the tech) and then realize that blockchain is crypto. 

Let’s focus on ourselves and the people who get it now. Get the early adopter cohort larger, richer, and tighter first

BizDev /poap (was POAP guy at /farcon), Co-Founder Blockchain Beach, Bitcoin Ordinals investor since Feb ‘23 

Yes Public Relations. We will continue to have a reputation problem until sensible regulation passes in DC and people like Elizabeth Warren stop building anti-crypto armies and only focusing on the negatives.

As for “mainstream,” it really depends on your definition. Memecoins have always onboarded some people (think Doge last cycle), but it won’t onboard deep tech founders, if that is what you mean

to clarify, PR means public relations, not press release or any other specific tactic. it is undeniable that the industry has a reputation problem.

i'm skeptical of those that claim memecoins will appeal to mainstream; my own POV is closer to yours.