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.
3 replies
6 recasts
119 reactions
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.
3 replies
1 recast
33 reactions
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.
2 replies
1 recast
8 reactions
✿ Gil Alter ✿
@gilalter.eth
we see the dawn of a new era - ownership itself becomes a form of participation and empowerment
0 reply
0 recast
1 reaction
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.
0 reply
0 recast
0 reaction
I'm A Cat. No Proofs
@ebiddqd
Over 500k people wordwide have 1000 wallets
0 reply
0 recast
0 reaction
accountless
@accountless.eth
560 million accounts / addresses
0 reply
0 recast
0 reaction
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
0 reply
0 recast
0 reaction
Snickerdoodle
@snickerdoodle
Whatever we own, we use
1 reply
0 recast
0 reaction
