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polymutex
@polymutex.eth
Sometimes I wonder if people don't realize the extent of how crypto's reputation is absolutely ππππππ outside crypto circles. Large overlap with the "AI sucks" people. However, that one will fade as AI has obvious use-cases for individuals and groups which don't require network effects to be successful. AI will succeed and the "AI sucks" people will be seen as luddites, path-independently. Crypto however - at least the originally-intended version as democratized peer-to-peer money - can only succeed with network effects going its way. Same goes for a network like Farcaster, where we can see from this thread that crypto's reputation is a large reason why folks aren't being invited here. https://warpcast.com/dwr.eth/0x51d1875b Trust and reputations are difficult to rebuild. I worry it may be too little too late. The scenario I fear most is the one where crypto is relegated to boring settlement backend tech for tradfi, providing none of its promised self-sovereignty benefits to individuals.
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@tudorizer
most of the βseriousβ side of crypto has already relegated to it being βthe new SWIFT, BACS or ACHβ the rest is virtue signaling and βweb2 take 2β no projects spark hope
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polymutex
@polymutex.eth
I may sound cynical but I still choose to believe otherwise. The alternative is too depressing.
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@tudorizer
to each their own although the alternative is not straight forward, and if both converge and behavior is the same, the altenative is not accurate
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