androidsixteen 🌲
@androidsixteen.eth
Re-listening to @dwr.eth and @fredwilson.eth chat, and had a realization — web to mobile was a straightforward platform shift (relatively speaking), yet Tumblr and other web players couldn’t adapt Crypto is a much more Byzantine platform shift, yet many assume incumbents will learn how to add wallets and chains — unlikely! https://youtu.be/Kqf_9NxhMfI?feature=shared
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kia
@kia
playing the other side: is it similar to platform shifts (web to mobile) tho? or more like swapping paypal vs stripe vs some legacy credit card provider for your website/app
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androidsixteen 🌲
@androidsixteen.eth
Good counterpoint, but I think you could reason about mobile that way (and arguably, companies did... and failed) Ie. "is it a real platform shift, or is it just changing the size of the screen?" Narrator: it was a real platform shift
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Tony D’Addeo
@deodad
yea my guess is it's a real platform shift there are too many aspects of how crypto is programmable in ways trad finance to be otherwise
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kia
@kia
so is it a platform shift AND 'we must abstract crypto away', 'user mustn't know it's crypto' or those both can't be true? @androidsixteen.eth @deodad
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Tony D’Addeo
@deodad
abstract crypto away just means normies can use it without needing to understanding asymmetric encryption, blockchains, networks, etc but the core idea of having some balance of money and being able to send and receive it in interesting ways stays
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androidsixteen 🌲
@androidsixteen.eth
I don't understand the argument -- cloud computing was a platform shift *and* users don't know shit about the cloud
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