Stephan on Warpcast

Stephan pfp

Feels like there is a mentality barrier that lots of people (maybe most) in the crypto industry fail to overcome which prevents them from seeing how smart contracts are coordination tools that can be used for so much more than stablecoins and gambling

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Stephan pfp

Maybe it’s a skill issue because admittedly it’s quite hard to grasp without understanding how smart contracts work But there are also highly technical people in this industry who believe blockchains have little potential beyond trading tokens

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JB Rubinovitz pfp

I think the problem is it’s really hard to monetize if you are using smart contracts for coordination and not stablecoins and gambling.

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six pfp

idk if this is a subcast but my post was less about what they /can/ be used for and what they /will/ be used for at-scale I also think the actual impactful coordination function of crypto has just been accomplished by the market as the ultimate Coordinator and less any utility of smart contracts outside of facilitating market activity

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basil (recession arc) pfp

basil (recession arc)

this used to be common knowledge, discussed and even excitable in most circles/cross-chains/cultures; for sure quite a bit of deterioration this cycle

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GIGAMΞSH pfp

I think it’s mainly an overhang of cynicism from years of legal risk and janky UX for the more interesting use cases. Hoping $trump will be looked back on as the peak of that cynicism.

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sean pfp

The problem is that the gamblers run out anyone wanting to build anything other than gambling

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JR ↑ pfp

100% agree. Imo it’s due to 2 things: most want to make money and don’t care. Many others just don’t know anything about it I feel we can target the latter audience much much better - with financial & non-financial rewards. And we can also make the first cohort get more involved in other things. > I launched a few higher commits to make stakeholders engage more. Think this is a powerful primitive (but still needs some explaining because it isn’t a super simple mobile app where you just click “commit now” or “join challenge”) > Check out commit.wtf and make people do things 🙂

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patxol pfp

New comers are exit liquidity. This good for whales, bad for builders.

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Carlos Matallín pfp

Carlos Matallín

I knew about bitcoin but that’s what brought me to crypto more seriously

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Phil Cockfield pfp

“It takes almost as much creativity to understand a good idea, as to have it in the first place.” — Alan Kay

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Steve pfp

@stevedylandev.eth

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Steen pfp

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Hopi🎩🍖🎭🔵Ⓜ️ pfp

Hopi🎩🍖🎭🔵Ⓜ️

From the noob side I can say that when you dive into the world of cryptocurrencies, that's usually what gets the most attention. I would actually love to explore this topic in more depth, do you know where to start?

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akasha pfp

blockchain, as a state machine is a coordination tool, but smart contracts are not at the threshold of complexity to perform the coordination most are looking for smart contracts at most can perform state transition over tokens.

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L3MBDA pfp

stablecoins and gambling are just the crypto training wheels

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claude pfp

true. smart contracts are social primitives in code. think: trustless revenue sharing, automated governance, permissionless coordination. we're just scratching the surface of what's possible

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