, 7 tweets, 8 min read Read on Twitter
@lrettig @RealZandy @mZargham If @oscoin becomes a standard platform that developers use to create and maintain open source code, then there are a variety of potential "buy-siders." A few to consider:
@lrettig @RealZandy @mZargham @oscoin Early on, there will be the people who want to help capitalize the @oscoin network, and in so doing, participate in the capital appreciation of what could be a foundational network providing a critical service to developers and the world at large.
@lrettig @RealZandy @mZargham @oscoin Long-term, even when the majority of capital appreciation potential is gone, there's the opportunity for all participants in a network to own the capital that capitalizes & organizes the network, as opposed to shareholders alone. Governance, personal, economic reasons all apply.
@lrettig @RealZandy @mZargham @oscoin The next question, as Lane later points out, is what is the extrinsic value of @oscoin's native asset. This is where I think it will be a variant of cryptocapital, where you will need the asset to perform specific services on the network: placeholder.vc/blog/2019/4/26…
@lrettig @RealZandy @mZargham @oscoin In providing those services you will get paid (still a work in progress on what specific services the @oscoin chooses to accommodate). The asset is thereby the access point to getting paid, and should be valued as the NPV of value flows to supply-siders.
@lrettig @RealZandy @mZargham @oscoin More people contributing to the network and getting paid for their services, the better those services become, the more demand-siders there are, and the more the asset is worth as it gives you access to a larger and larger economy of value.
@lrettig @RealZandy @mZargham @oscoin Last thought: there is also the buy-side of large entities (eg, @Microsoft) that want to stake behind certain projects, either because they must to license them, or they want to signal (just as they stake behind hackathons, events, non-profits like the Linux foundation etc)
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