I have an alternative thesis to crypto, and I think what tends to throw people off when I talk about it is trying to frame it in terms of interactions with crypto today: account abstraction, opt-in privacy, bridge-and-interact – all of these things don't need to exist when rethinking from first principles.

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

Why do we need account abstraction?

Interactions are complicated, require strong key management, & different types of accounts make this a series of logistical hurdles to overcome. But when we interact with the classic web, we typically don't pop open a terminal, fire up openssl and connect with a client-side cert.

i think that kind of protocol(s) maturity has about 50 years into the future.

generalist solopreneur + conceptual artist 🌞 /gokhan /philosophy /openfinance

🦍 gokhan.bio 🦍

i wonder whether we'll arrive there by abstraction or subtraction nowadays.

subtraction seems better than abstraction somehow. 

abstraction ossifies the layers beneath. it was worth it eventually for Windows to discard its MS-DOS layer; MacOS had similar migrations