Product/Market Fit - #DeFi v1.0 Really seems like v1 use-cases are taking shape beyond novelty value.
1/ Maxing out the techs potential takes time. Time allows for education/understanding, infrastructure, which results in discovery of new applications.
2/ The internet was a digital newspaper at the start. It's going to become more apparent that #DeFi is the digital 🗞️. Porting of what we know into the new technology. Innovation 10%, optimization 90%. Faster, cheaper, more accessible etc... Those %'s will swap sides in time.
Jan 28, 2019 • 11 tweets • 7 min read
@_jillruth@twobitidiot 1/ tl;dr - Today yes... No liquidity, not worth the risk, solutions work (working cap/treasury rebalance). 5 years, no.
⏳Here's what's most likely to go down⏳
*Presently*
Decentralized types - Organic/linear growth ("slow")
Fiatcoins - Rapid market cap growth.
@_jillruth@twobitidiot 2/ Now there’s going to be easy money to capture AUM (market cap). So USDC/USDT/PAX/etc… will fight for that AUM (fiat-coins) starting out they’ll offer rewards/rebates for things like debit cards etc… Along with giving a cut of the interest being earned in the central float
1/ Firstly, congrats on the amazing accomplishments! CEO of PayPal AND Intuit, I am sure that I've got a huge amount of things I can learn from you and hope that I can lead our teams to find success that you've helped others find. Genuine crusher!
2/ I caught your interview yesterday on @CNBCFastMoney and it was really interesting to watch. Bitcoin not having value and the current networks needing to be faster to solve the same problem is really surface level stuff. My name is Michael and I'm the CEO at Wyre. 😊
