, 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)
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Chris Burniske
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!