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Comment by swalsh

I have an unpopular opinion for which I expect both web2 people and web3 people will downvote me for. The current generation of web3 companies aren't for you. Not your business, not you as a person. You're not asking for it, because these things aren't for you.

Try to imagine how you would build a blockchain based business 10 years from now. I've done it several times. Everytime I have, I've found a bunch of gaps, missing necesary capabilities. It's just not possible today to build a sophisticated purely digital, autonomous decentralized service/product today. You can solve some of the problems in a hybrid way, and crypto received a lot of flak for that recently (which I suppose is fair), but it's just a painful necessity until the gaps are filled.

So a lot of the good stuff that was/is being built this cycle, the stuff that's going to survive the bear market is critical infrastructure meant to support the future new startups in the blockchain space... the customer of crypto today, is crypto. Combined these capabilities will enable a very powerful platform which will eventually serve businesses and individuals. Today, it's not ready for your needs.

parent swalsh 4 years ago

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