woj
@woj.eth
what is the highest TAM crypto startup possible to build today? best answer wins a cofounder
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Henry Hirshland
@hirsh
A flatcoin
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woj
@woj.eth
+1 as the hardest / most needed thing to build what is the tam tho
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Henry Hirshland
@hirsh
I think of it as a new global money. Anyone can use it to store value, or to trade value (buy things). So in theory it has the tam of a global currency (the whole economy). Question is how do you monetize (and of course the obvious question of how you actually build/scale it!)
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woj
@woj.eth
do you have some favorite resources / past experiments on this?
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Henry Hirshland
@hirsh
Just thought experiment. -Fiat currencies are inflationary, meaning a saver's buying power diminishes over time -Fiat currencies (i.e. the dollar) are convenient, so people use them. -If there was a money that held buying power over time, and was equally convenient to spend, I would hold it over fiat
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woj
@woj.eth
yeah 100% see it i think this actually wins the highest tam question starting to do some research https://warpcast.com/woj.eth/0xcd09d0b6
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Henry Hirshland
@hirsh
keep me posted on what you come up with :) some things to check out: https://truflation.com/ tips: inflation protected securities ... they nail the preserved purchasing power, but totally fail as a convenient money. https://www.treasurydirect.gov/marketable-securities/tips/
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Henry Hirshland
@hirsh
also tangentially related, but interesting book: https://www.amazon.com/Money-True-Story-Made-Up-Thing/dp/0316417203/ref=asc_df_0316417203/
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