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Coop
@coopahtroopa.eth
Feel like crypto has hit a bit of a stalemate right now. Everyone understands the name of the game is bringing new people onchain but yet 99% of all volume is still driven by the same cohort of ~25,000 crypto-native users. I'm not seeing real interest or demand from people to "get into crypto" and the most successful apps (like Polymarket) don't really have any downstream effects which makes those users want to check out other crypto apps or go deeper down the rabbit hole. More and more my friends simply net out at "buy more Bitcoin" and frankly I don't think that's a bad take given how safe a bet it is relative to the slaughterhouse that's the memecoin trenches these days. Am I alone in this thought or do other people feel this too?
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sardius.eth
@sardius
agreed, although I think this stagnation feeling is sort of culturally across the board we are at a tipping point where crypto stops being viewed as just a thing in of itself and the promise and what it actually does gets realized the premise of crypto for most new users (get rich quick fiat) doesn’t make much sense considering how under duress our current system is across the board lots of new use cases and stuff being built though obviously that advance new narratives, and we also need legislation state side to give legit use cases to really grow all is coming and in the works, just taking a bit longer than I expected honestly
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