We don't need new apps to bring 10M new users onchain. There's a parallel path that no one is talking about:

10% of the 100M monthly CEX traders will trade onchain as CEXs suddenly "list" every DEX-based token.

Only possible now due to web wallets. https://www.kylemccollom.com/10m-new-onchain-users-with-no-new-apps/

I was at dinner with some crypto people in Denver and they heavily disagreed with this take.

Surprised it's still controversial!

We need to rethink our listing process at @coinbase given there are ~1m tokens a week being created now, and growing. High quality problem to have, but evaluating each one by one is no longer feasible. And regulators need to understand that applying for approval for each one is…

Brian Armstrong

summoning /daylight | kylemccollom.com | we are hiring: careers.daylight.xyz

It's clearly going to happen: https://x.com/brian_armstrong/status/1883329603239899346

Artist + Designer + Front-End Dev
// Core at @ethereumgt // @rugradio creator // PFP: Degentlemen #2706

Isn’t that just a step back? The point of all of this is going decentralized…

Wow I’m incredibly surprised it’s controversial. Coinbase alone could bring those 10M users onchain let alone all the other companies building DeFi mullet capabilities.