Zoom backgrounds, Oculus headsets, Fortnite skins are just the beginning.
Step into a holodeck room with a pair of VR glasses + cameras for pose detection. Configure your avatar & appear exactly as you wish, picking from NFT outfits for special occasions.
Remote gear = everything you need to project yourself into the Metaverse, from AV equipment to Oculus to possibly fitness tracking later on (for proof-of-workout) and telerobotics (on the other side).
@andy_matuschak Most of @elidourado’s arguments for ETH are good. But it just serves a different purpose than BTC.
Ethereum is programmable finance. Bitcoin is digital gold. Even EIP-1559 won’t change that because it signals that Ethereum *has* a mutable monetary policy.
@andy_matuschak@elidourado It’s like when people used to say that Twitter was just one feature of Facebook, the status update.
Products that appear superficially similar early on develop shared cultures and use-cases and differentiate over time. So too for coins.
@andy_matuschak@elidourado Immutability (BTC) and financial innovation (ETH) are both incredibly valuable, but by their very nature can’t be the same thing.
A constantly changing and improving platform (Ethereum) is culturally different from a finished, reliable, immutable coin (Bitcoin).
Here's the first $50k in ETH for COVID relief in India.
An important feature of crypto is that it enables fast, transparent humanitarian donations from around the world. You can see the donation on-chain here: etherscan.io/tx/0x750074ebb…
Capital is a commodity. Choose investors on the basis of their distribution.
That can be consumer distribution in the form of social media & brand halo, or enterprise distribution in the form of business relationships & actual distribution deals (if the investor is a strategic), or both.
But that’s now what distinguishes investors: their distribution.
Put another way, no one will believe your self-reported membership in group X, because (a) anyone will be able to deepfake their way into realistically appearing as a member of group X and (b) a real member of group X might not want to reveal themselves.
No scarcity of identity.
There are a few possible outcomes.
1) Full pseudonymity. Everyone works remote as whatever avatar they want to be & you aren’t supposed to ask who they “really” are.
2) Proof-of-X becomes standard for online status. Could be crypto, could be vaccines or even genes like 23andMe.