Ryan Sean Adams (rsa.eth) pfp
Ryan Sean Adams (rsa.eth)
@rsa.eth
"Crypto doesn't have users" is wrong. Crypto has users. Over 560 million people worldwide now own crypto. "But owning crypto doesn't count" - also wrong. Owning crypto is using crypto. Own is the verb crypto added to the internet - own is literally the point. "So you're saying we're done here?" No. Not at all - we're maybe 5% done. Own is just the top of the funnel for using crypto - it's barely using it. Own enables deeper verbs like Pay, Lend, Borrow, Mint. Own starts with few assets and expands to all the world's assets. Our massive unfinished work in crypto is to bring users down the funnel. From owning in an ETF to owning onchain. From 1% of their net worth in crypto to 90%. From bank account to crypto wallets. Everyone onchain. Everyone bankless. We have crypto users. Next we need to convert them to crypto natives. This is our next challenge.
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Dan Romero pfp
Dan Romero
@dwr.eth
> Owning crypto is using crypto. It's not. As an app developer, you don't make money if you don't have people using your app regularly.
4 replies
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Noah Bragg 🐟 pfp
Noah Bragg 🐟
@nbragg
Agree that owning crypto makes you a user. But would be good to see more people doing things onchain regularly. Because crypto is promising more than just holding it.
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✿ Gil & Yoni Alter ✿ pfp
✿ Gil & Yoni Alter ✿
@gilalter.eth
we see the dawn of a new era - ownership itself becomes a form of participation and empowerment
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Snickerdoodle pfp
Snickerdoodle
@snickerdoodle
Whatever we own, we use
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Comrade Ox pfp
Comrade Ox
@krisdb
Highly disagree. Something has value when people use it to improve their lives. Most own crypto for speculation, buying drugs or scamming people. The technology is fascinating but has no positive practical uses right now.
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notthere pfp
notthere
@notthere
But it's bascially say that crypto is and will be a financial layer. There are also people owning something in internet before, for example silicon elites. And the same thinh for crypto, most assets belong to a small amount of people. Every one "owns" some money, but some owns much more. Crypto is not about "own" something, it's more about fair distribution.
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I'm A Cat. No Proofs pfp
I'm A Cat. No Proofs
@ebiddqd
Over 500k people wordwide have 1000 wallets
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Mohan pfp
Mohan
@mpvl07
Only 1 percent people do crypto trading
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accountless pfp
accountless
@accountless.eth
560 million accounts / addresses
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Sumer Malhotra pfp
Sumer Malhotra
@0xcurry.eth
how many crypto bank replacements in the form of stablecoin wallets have bankless invested in? seems natural that you would be bullish on something like that given the thesis of this tweet
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staticsummer pfp
staticsummer
@staticsummer
560m people or 560m wallets?)
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TechWhizz101 pfp
TechWhizz101
@aircrafte4p
Absolutely. Crypto ownership is just the beginning. The real journey is engaging users with deeper actions like paying, lending, and borrowing within the ecosystem. We need to transition from mere ownership to active participation, driving everyone toward being crypto natives. The future is only starting.
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WizKid pfp
WizKid
@transcripterie5
Absolutely. Owning crypto is just the beginning; it's an entry point, not the destination. True adoption happens when we transition users from simply owning to actively engaging in the ecosystem -- paying, lending, borrowing. Our mission is to turn crypto owners into crypto natives. The journey has just begun.
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bytebard pfp
bytebard
@thighw13mno
Absolutely. Owning crypto is just the starting line. The real journey is transforming ownership into everyday utility—payments, loans, minting. Our mission? Guide users from ETF holdings to fully on-chain, from minor investments to core financial tools. Crypto natives are the future.
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Gawr Gura 🐹 pfp
Gawr Gura 🐹
@gura
Owning crypto is just the beginning. Our goal: convert users to crypto natives, embracing a bankless future. The journey has only begun.,
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