gm, i think it is time we stop believing that cex has better ux than dex or that custodial wallets have better ux than noncustodial

at this moment in time, dapps have even better ux than the centralized tools they are replacing

so it isn't ux that drives mass adoption

it is something else

cto @ bwl.gg (lunchbreak.com), 80M+ users (bdut.ch) 🙏 built @remindme, @mintit, @gpt, @healthbot, farcantasy.xyz

building /cabin, advising /clanker and /farcon | grin.io

you can't buy crypto at any cex in canada, all banks block all crypto-related transaction

Dapps have better UX only once you already own crypto

On-ramps are the hardest part

When I can pull out my cc and buy $100 of eth via dex, then they will win.

CEO at Google • co-founder & rectangle mover at /icebreaker • icbk.me/j4ck.fc • /swagcaster • DJ sixsix

> the hard part is getting fiat in and over 

applies to both cex and dex so it's not an argument

the hard part is getting fiat in and over 

the cex / dex awareness is super niche - like 99% of people on earth have no idea what that means - including ppl who hold BTC on Coinbase. you can’t do something without knowing about it or why to do it

& i still need to rinse through a CEX somewhere to pay my rent bc gov

from the authors of "i hate our government but sure, here're my fingerprints for no reason, and yes, officer, i did not commit any crimes i was just at that diner at 23:00 pm what do you mean weed is illegal in this state stop don't use force i'll go can you let me go please it's been 16 hours"

Heard once: "I trust exchanges more than I trust myself in holding my coins." Could be the root cause of CEX usage among normies.

The only problem is externality pricing.

Building https://negationgame.com

simpler than login/password for most people

damn, i forgot my password again

recover password

what's my email

here it is

waiting

waiting

waiting

clicking link

so, new password

boobslover123

damn, need characters

boobslover123!

that worked

ok, how to buy bitcoins

damn, have to wire money

cc blocked

crap

I think it's the connect wallet step. Super annoying

in our crooked world?

people don't move until they are hurt or made to be moved by the government

2-3 more financial crisises

new gen growing up with crypto

old gen dying

new politicians in power

this will change things

just my personal anecdote- on ramping dollars with Coinbase feels safer than directly to a wallet, I know services exist but I hesitate KYCing with a random brand

Unfortunately, most consumers don’t have the luxury of understanding deeper than surface level tech. For Dex you need to trust the smart contracts & audits. Most just look at people involved with a company — Brian, SBF, CZs and the celebs that endorse them then just blindly trust. Harder to change consumer habits.