brypto

Crypto is the best gambling rails ever created 

If you don’t think this will be extended to “normal” finance and economic use cases, then I suggest you zoom out to a longer time horizon 

It won’t be quick, but it will be much bigger

friendly neighborhood shitcaster // working on @pinetree

building farcaster | surfing @ venice, ca | eating @ gjusta / gjelina | “lucky me, lucky mud” 🤠

yes, we're in agreement. interesting to consider that (imo) the only new finance product that has found successful PMF is ETFs (SPACs failed, mutual funds lame, etc).

will be interesting to see if blockchain's enhanced liquidity and reduced operational overhead will change this for finance.

Creating facsimiles of existing assets is just the beginning

But 100% agree

it's already happening with stablecoins, tokenized assets, and large institutions with Onyx. anyone who is fading blockchain rails for finance is out of touch.

You're describing the velocity of money -  the faster an economy can move money, the larger it can grow. Its why crypto wins on a math level alone 

V_T	=	velocity of money for all transactions in a given time frame
P	=	price level
T	=	aggregate real value of transactions in a given time frame
M	=	total nominal amount of money in circulation on average in the economy

microsub.

I don’t disagree. But we don’t need a society of gamblers, we need a society of builders. 

And yes they are not the same.

https://clanker.world/clanker/0x354d6890caA31a5E28B6059D46781F40880786a6