A novel crypto movement just raised $30+ million in a matter of days to buy a rare Constitution through a decentralized corp.
Even if you think crypto is just stupid—and I don't—a technology for firing a bazooka of money at [anything] seems like an important thing to watch.
Even if you think crypto is just stupid—and I don't—a technology for firing a bazooka of money at [anything] seems like an important thing to watch.
https://twitter.com/cdixon/status/1461142694852399109
Obviously, "firing a bazooka of money at something" is not an unprecedented invention. And crypto is more than just a shadow stock market.
But imagine for one second this movement is *nothing more* than the creation of a gazillion dollars in wealth.
That's massively important!
But imagine for one second this movement is *nothing more* than the creation of a gazillion dollars in wealth.
That's massively important!
I follow a lot of smart people who say "crypto has no broad consumer use case right now" and "what's going to be the first killer app here?"
What if the first killer app of crypto is ... an absolutely absurd amount of money? Capable of being deployed for any purpose?
What if the first killer app of crypto is ... an absolutely absurd amount of money? Capable of being deployed for any purpose?
Historically, new tech has made a dent in the physical world, and then the big money followed.
With crypto, it seems like the opposite. An extraordinary amount of wealth has been created before the technology unlocked a novel consumer use case outside of investing. Interesting.
With crypto, it seems like the opposite. An extraordinary amount of wealth has been created before the technology unlocked a novel consumer use case outside of investing. Interesting.
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