Lyron Co Ting Keh pfp

Lyron Co Ting Keh

@lyronctk

58 Following
56 Followers


Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
my notifs are on
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
u will know when i scoop ur card 😌
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
web2 optimizes for unregretted user-minutes web3 optimizes for unregretted user-dollars
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
ready2scoop
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
like all my good posts this is filled with @0xsmallbrain's ideas
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
This is the most promising wedge I've seen for onboarding the everyday US person onto a crypto wallet
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
Excited for us to plug in real money on the other side. Blackbird's already showing us the benefits of using crypto for RESTAURANT->USER payouts Now we can work on applying their learnings to make X_BUSINESS->USER payouts explode. We can get even crazier with X_USER -> Y_USER payouts
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
This is where crypto can outshine US payments rails. Paying APP->USER is as simple as calling a transfer() function The airdrop farming industry has already distributed billions using this process, and that's w/ fake money
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
(the second op sucks- i have so many unused starbucks points split between lost accounts)
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
USER -> APP payments are already easy. Apple Pay with Stripe is a two-click payment UX APP -> USER payments, however, are painful. It's either the app dev ponies up for an MSB license, or their user's stuck receiving in-house points
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
Main driver of everyday crypto adoption in the US won't be payments, it'll be payouts Crypto has a clear pitch for non US citizens: access to USD What about for US citizens? They already have native USD and the rails to spend it So, not spending. What about earning?
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
gm friend
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
convinced by @0xsmallbrain
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
Not all meme coins are ponzis DOGE / WIF / DEGEN aren't Diff? They aren't zero sum. They meaningfully expand the market for cultural artifacts Lot of launchpads today optimized for PnD Genuine opportunity in creating a launchpad that's optimized for making the next DOGE
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Lyron Co Ting Keh
@lyronctk
CEXs take "owning the user relationship" to the next level At least in the traditional world I don't need to go through Bank of America to use Youtube CB is already steamrolling the rollup part of the stack, now might with wallets too Happy they're good actors (for now)
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
Underrated reason for lack of consumer builders: Embarrassing to tell your mom / girlfriend / mentor / deli guy what you do I milk the fact that "cryptography" sounds fancy to regular people Can't spin @friendtech.eth, even though it was the most interesting experiment of 2023
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
why do we call them "intents" lol just say cross-chain swaps
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
Why "what to buy" is greenfield - We still haven't directed trading fees to communities that could use them to be productive - We just recently stripped down to common belief games (meme pumps), a necessary admission before really starting the pmf search
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
Why "how to buy" is greenfield - We've still only used 2/N variants for apeing (bonding curve, NFT marketplace) - We still haven't seen the first instrument that only exists on-chain, not tradfi - CEXs are still steamrolling DEXs, can't be like this forever
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Lyron Co Ting Keh pfp
Lyron Co Ting Keh
@lyronctk
Have been using this framework when thinking about consumer: Hit crypto native dapps let users buy something that goes up Breakout apps that we've seen have either innovated along 1) how to buy, or 2) what to buy Has helped me get in the greenfield mindset for both:
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