hottakes

My hot take for today is that if venture firms weren’t making money off tokens and needed a true exit event for crypto companies, we’d see accelerated mainstream adoption of crypto

Writer. Building @pinatacloud. Tinkering with a Farcaster native alternative to GoodReads: https://readcast.xyz \ https://polluterofminds.com

Elaborate? The thinking is that companies would have to go public instead of just dumping tokens? How would that increase mainstream adoption?

head of engineering @ superstate | prev @ frax finance

Quick liquidity means products are built for short term gains and in the echo chamber that supports those gains. Take away tokens, for products to be built around actual value, and I think we’d see significantly more mainstream adoption. Coinbase is a good example.