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@rev
#9 /nft AMA ft. @avichal & @zedd @avichal is Co-Founder & General Partner at @electric Capital. He's a serial entrepreneur, ex-Google and Facebook tech executive, and a prolific investor — NFT investments range from projects like Magic Eden and Wasabi to NFT funds like Spencer Ventures and @curated. @zedd is Co-Founder & COO at Magic Eden, the leading community-centric NFT marketplace for discovering, expressing, and owning digital culture. 📆 Fri, 16 Aug @ 10am PT — ask your questions in the comments!
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what’s something you’ve changed your opinion on recently?
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@zedd
I used to think that Bitcoin would only be the decentralized money use case. But now I think it could be the biggest on chain ecosystem over the long run (in terms of value). ordinals / runes are signals to me of what's to come. as always - fade bitcoin at your peril
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@avichal
Big +1 to this as the thing I've changed my mind on -- I think there's a chance that BTC evolves to have an entire DeFi and financial ecosystem built onchain. As a second order effect, I think there's a chance this results in a philosophical schism in the BTC community where some people do not want to move beyond simple L1 base money, and some people want to build a full economy on top of sound money. This could be the basis for a chain fork, similar to the block scaling philosophical debate in 2017.
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@samuellhuber.eth
where do you see bitcoin involve to make the computational space / power for that happen? current tech stack isn't permissive to a compute network
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