all-in

no sweeter sound to my ears than all-in discussing @polymarket for the entire first section

also hosted a meetup last night and every single person knew polymarket — not all of them knew why it was different from polls, but it clicked after a quick explanation

/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

oh gosh
'blockchain not crypto' is still a thing?

these are all really smart people who are either founders or engineers interested in new technologies

they’re turned off by “crypto” but curious about “blockchain”

so yes it’s still a thing and maybe why we still haven’t made a dent towards mass adoption

Ownership without speculation is a confused oxymoron at best, and a maligned marxist take at worst. Speculation is an inseparable part of crypto.

degen dad • writing @ /twid • investor 25kchecks.com & /socialgraphvc • sathaxe.com

Ownership without speculation is a confused oxymoron at best, and a maligned marxist take at worst. Speculation is an inseparable part of crypto.

https://paragraph.xyz/@kia/speculation

I think when they say crypto they mean speculation on tokens and by blockchain they mean everything else.

So with that framing I understand where they’re coming from.

But given the technical definitions it comes across as nonsense / cringe / naive

Fun havoooooooor | Co-creator of the universe | FuckANiche.com | prev @forefront

1. blockchains are a coordination tool
the 'crypto' part makes the coordination possible
without crypto it's just a very inefficient DB -- not that interesting
the whole enterprise blockchain push showed that they're not that useful either

2. the major unlock of this whole thing since bitcoin has been digital native ownership -- everything else is secondary and builds on that
that thing that you digitally own *is* the crypto
without the digital native ownership part it's just a very uninteresting DB

genuine question: what's your best response to it? Fwiw I think it's a valid distinction