from his blog:
>No, the crypto bit absolutely doesn’t do anything useful
None of this would have happened without 'the crypto bit'.
People are just annoyed that crypto is happening and theyve been betting against it. they were so focused on the 'currency' aspect they missed that groups of people can coordinate, they missed that a reddit group can become a political force, they missed that people are buying land together, the missed that coordination is the killer app.
HN and the cynics have been telling us for years that none of this would work, and when we get examples of it working we hear "you could do this without x".
yes, in theory you could have a mysql database and a company registered in deleware, and stripe processing payments, and also companies in other countries to handle international payments, and blah blah.....
this is faster, easier, and more fun.
>No, the crypto bit absolutely doesn’t do anything useful
None of this would have happened without 'the crypto bit'.
People are just annoyed that crypto is happening and theyve been betting against it. they were so focused on the 'currency' aspect they missed that groups of people can coordinate, they missed that a reddit group can become a political force, they missed that people are buying land together, the missed that coordination is the killer app.
HN and the cynics have been telling us for years that none of this would work, and when we get examples of it working we hear "you could do this without x". yes, in theory you could have a mysql database and a company registered in deleware, and stripe processing payments, and also companies in other countries to handle international payments, and blah blah.....
this is faster, easier, and more fun.