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Thomas

@aviationdoctor.eth

And I posit that the disconnect comes from the fact that most of the crypto & startup founders crowd has only a superficial understanding of what makes the corporate customers tick. Their world just doesn’t intersect enough with that of the plush high-rise downtown offices where the MBAs and JDs in suits call the shots on which tech to adopt for large RWA bets. Just like “nobody ever got fired for buying IBM” in the old days, nobody’s taking a personal and professional risk by embracing a tech with a better ethos over a tech with named investors, customer support, and a physical address. Especially when the tech will underpin trillions of dollars in customer money (i.e., third-party liabilities). It takes a tremendous amount of patient evangelizing to sway those decision makers, and none of it happens at crypto conference booths handing out swag. VCs and ex-TardFi folks backing proprietary L1s have the advantage of being in familiar territory.
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