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smartcontracts
@kelvin
So many of the issues with crypto stem from a few simple facts: getting crypto sucks, holding crypto sucks, using crypto sucks. Scalability opens the door for non-financial apps but the wallets and on-ramps are still completely broken.
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smartcontracts
@kelvin
Wallets are so entirely busted it's wild. No one can use any of this stuff without fear of losing all their money. People have less than $1k in their bank accounts and you think they're not gonna be anxious putting 50% of that into a wallet?
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smartcontracts
@kelvin
Anyway this topic frustrates me. Before normal people can use crypto for normal things, it needs to not be terrifying to use.
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shazow
@shazow.eth
I think it's extra frustrating because we can see a path towards fixing this in ways that weren't possible before, whereas in meatspace these things are just permanently broken. (Getting a hammer sucks, not losing the hammer sucks, using a hammer sucks.)
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smartcontracts
@kelvin
Honestly most frustrating is the fact that we can see a path towards fixing it and yet... where is the progress? I still have hope that L2s can help solve because the protocol is suddenly more malleable again. Wallets and protocols need to work together very tightly.
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shazow
@shazow.eth
The tech branch unlock is there: we have the surface area to build our dream programmable security with whatever properties we can imagine... but we need tooling to unlock more people capable of experimenting with it safely, and that takes a lot of work without direct financial incentives.
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shazow
@shazow.eth
For example, even something small like Safe signers with asymmetric/conditional weights: totally possible today, but do I feel confident writing the code or activating a module to do this? Not at all. 😞 But I can imagine in 50 years, composing these kinds of settings will be totally casual. How do we get there?
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