Read on Twitter
I'm pretty confident that:
In 5-10 years, nobody will be aware of crypto
It will be long forgotten by everyone other than hardcore developers...
In 5-10 years, nobody will be aware of crypto
It will be long forgotten by everyone other than hardcore developers...
Not because crypto won't work.
It will.
But because, as it stands, it's CONFUSING.
The technology is pushed to the forefront when it shouldn't be.
Example: find me a crypto company that doesn't mention crypto.
In an effort to promote crypto, they obscure the utility.
It will.
But because, as it stands, it's CONFUSING.
The technology is pushed to the forefront when it shouldn't be.
Example: find me a crypto company that doesn't mention crypto.
In an effort to promote crypto, they obscure the utility.
As @benedictevans pointed out this morning, crypto projects are often impossible to navigate or underststand as a mere mortal.
They are built for fellow crypto nerds: https://twitter.com/benedictevans/status/1379044633498501122
They are built for fellow crypto nerds: https://twitter.com/benedictevans/status/1379044633498501122
Every internet company today is built on technologies like HTML, TCP/IP, MySQL, etc.
Imagine if Facebook had launched as "The PHP Social Network".
Did it use a bunch of amazing enabled technology? Of course!
Is that relevant to the end user? Not in the slightest.
Imagine if Facebook had launched as "The PHP Social Network".
Did it use a bunch of amazing enabled technology? Of course!
Is that relevant to the end user? Not in the slightest.
The user just wants to upload their photos and message their friends.
They don't care that it was enabled by TCP/IP, HTML, push notifications, and PHP.
They don't care that it was enabled by TCP/IP, HTML, push notifications, and PHP.
In 1999, dot com startups pumped themselves up by talking about how they had "e-this" and "e-that" technology.
Most fixated on the fact that they were "online" vs. what they could actually do for consumers.
Most fixated on the fact that they were "online" vs. what they could actually do for consumers.
Just like how tech startups pivoted to focus on the user vs. the technology/category, I think crypto will go the same way.
It will get abstracted away by great design and technology improvements.
Just like a website in 1995, it's still too hard to explain to your parents.
It will get abstracted away by great design and technology improvements.
Just like a website in 1995, it's still too hard to explain to your parents.
That will change soon.
But your parents will never know that they are using Etherium, they will just transferred some money to a friend and it happened faster than usual.
But your parents will never know that they are using Etherium, they will just transferred some money to a friend and it happened faster than usual.
Ack typo...when will Twitter allow editing!
“They will just transfer some money and it will happen faster than usual”
“They will just transfer some money and it will happen faster than usual”
And *Ethereum” :-)
