Founders

People are way too glum about lack of crypto adoption. We've actually come a long way in a short time.

Let me share our story.

We're a media company with a simple business model - subscriptions and sponsorships. 

We now run 70% of Bankless onchain and i actually love it. That's up from probably 20% when we started.

THINGS WE DO IN CRYPTO

Ethereum is our primary bank.

Safe is our bank vault - access controls, limits. I can't understate how much safe has improved over the past few years - 10x better than any bank interface.

Etherscan for bank statements - all our balances - all our transactions - I can't understate the value of etherscan - we've been DAUs since forever

Metamask, Rabby, Uniswap wallet as our checkbooks - our finance ppl use these to sign transactions from our vault or make payments

USDC for cash - we pay salaries, bills, and taxes in fiat so keep short-term treasury in stablecoins

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GREAT summary of how @bankless uses crypto to run their business, the headwinds they've encountered, and the deliberate choices they've made to be more onchain. Insights like this from successful, crypto committed media companies is a goldmine of pain-points, friction, and implied solutions. Thank you @rsa.eth 🎩

This looks like a gold mine for businesses wanting to do things completely onchain.

Not all would do that since it's a bit complicated, but kudos to Bankless for walking the walk and talking the talk.