/new-york by day 🗽 /latenightcrew by night :) Fan of eating tacos and bringing people together, often at the same time 🌮 oh and /untzuntz 😈

he's not wrong though ("creating capital markets on the internet")

internet rabbit • comms @ /splits • https://www.sonyasupposedly.com/

That’s one use case of blockchain technology and speculation is one angle of onchain products

To say that crypto is all about money is an overstatement and ignores all of the interesting opportunities created by blockchains (programmability, composability)

Only bit I agree with is that tokens are a core primitive

@nonlinear.eth’s example a while back of subscribing to a channel via Hypersub → verifying membership via Automod to allow a user to cast in that channel → automatically splitting proceeds to mods with Splits → tipping top casters with Paybot

I wouldn’t consider any of that “creating capital markets”

Money is paradoxically both the least and the most interesting of applications of blockchains

Related: https://warpcast.com/dwayne/0x76ac5ad8

> programmability, composability

when do these matter without payment rails attached though? (genuinely curious about your answer!)

like IME there's no reason to use blockchain / crypto if money isn't involved