brian is live on unlonely
@briang
i hear a lot of founders say "in a gold rush, build shovels!". i don't think this analogy works in crypto. gold is gold, there's nothing to innovate with it. on the other hand, crypto social still has miles and miles of space to innovate. by the time you've built shovels for the gold, people will have realized the gold actually cures cancer, or can be used for space travel, or can be used for extremely novel online content experiences powered by livestreams and tokens.
4 replies
3 recasts
9 reactions
McBain
@mcbain
Someone has to strike actual gold
0 reply
0 recast
1 reaction
junnn
@junnn.eth
It all depends on buyyers lmao. if people buy then it's gold
0 reply
0 recast
0 reaction
t
@tudorizer
This applies to the wider context of software, I would say. Trends have always emerged in history and because of its creative nature, people have tried to build tangential tools to support or amplify said trend. Shovels and gold are limited by physical matter. Software is not (to a certain extent)
0 reply
0 recast
0 reaction
Johnson
@johnson
I'm not sure what exactly should we understand by the shovel here. But supporting infras sometimes becomes more profitable than the actual product itself. Imo Neynar is a good example. Used by a ton of products building on FC. A good example of a shovel that found pmf 🤓.
0 reply
0 recast
0 reaction
BrenJ
@azzabazazz
Bingo. Analogical thinking is woefully unsuited for purpose in innovation spaces. Better to construct theories of the use case from first principles than “an Apple is like a fire truck because they’re both red, shiny, and my 4 year old likes them.”
0 reply
0 recast
0 reaction
