Chand (chand)

Small towns in India are ripe for Web3 principles. 1. They’re low income, highly price sensitive segment. Which means any centralisation/middleman removed is welcomed 2. Low income societies means low trust societies 3. Which counterintuitively leads to stronger communities

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Two ideologies clashing in public [1/2] Evan Spiegel (Sept): When you have lots of money and someone shows you 3 options, you say yes to all 3. You miss the opportunity to iterate quickly like you would have done if you were constrained on money. Design is about tradeoffs

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Man, this systems and protocols stuff is so… ummm… inspiring. Like setting up future use cases to smash it home while figuring out ways to keep backwards compatibility et cetera et cetera

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Uber etc are middlemen that take a cut to exchange location. It’s 2022. Location sharing should be a commodity. Uber’s cut can be passed on to drivers and users

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To test this, we just launched a tiny uber-like app with some key differences: 1. We just connect the drivers and users. They negotiate among themselves. 2. We don’t host payment services. Payments are off platform 3. We take flat fee from drivers to cover our server bills

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Due to (1), Uber etc have historically failed here. People haggle to their bones. Due to (2), most transactions here are cash. Due to (3), unions run strong here

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Man, this systems and protocols stuff is so… ummm… inspiring. Like setting up future use cases to smash it home while figuring out ways to keep backwards compatibility et cetera et cetera

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