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jarroddicker
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stable king.
@0xdirichlet @sphere_labs
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jarroddicker
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crypto conferences are definitely becoming monotonous. so much so that even though the space is growing at accelerated levels, the messages are increasingly insular. speaking to those who already know.
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under discussed in the stablecoin hype: new currencies cause friction, heavy cognitive load. so while I totally subscribe to the benefits infrastructure, I'm interested on the consumer side 1) how we get consumers to hold stablecoins and 2) incentives to adjust how they transact.
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isn't the revenue meta just coming to realization that we should trade crypto like stocks?
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demand for CIRC in public markets tells us something. crypto friction is real. skepticism in crypto is real. but the validation of public markets eliminates both those things, gives buyers comfort & shows broad range of interest. it's not just stablecoins. it's crypto at large.
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to understand crypto is to understand fandom, as its momentum thus far has largely been a factor of eliciting and manufacturing subculture. you can find its evolving principles more deeply embedded in media and music than studying the history of the financial industry.
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