"What gives Aggregators their power is not their control of supply: they are not the only way to find websites, or to post your opinions online; rather, it is their control of demand."
stratechery.com/2022/opensea-r…
stratechery.com/2022/opensea-r…
This seems like the Achilles heel of decentralization maximalism.
- People go where other people go.
- Most people go where things are safe, easy and comfortable.
- So the aggregators who win will do all the moderation and custody and yes censorship that crypto-anarchists hate.
- People go where other people go.
- Most people go where things are safe, easy and comfortable.
- So the aggregators who win will do all the moderation and custody and yes censorship that crypto-anarchists hate.
I'd love to hear counterarguments to this conclusion which accept the above fact about demand aggregation.
It also explains why FTX, Crypto dot com, etc are spending *so* much money on random branding.
There's a land-grab in the US collective mind to become the default crypto on-ramp. Win that, and you just win.
There's a land-grab in the US collective mind to become the default crypto on-ramp. Win that, and you just win.
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