@MattWalshInBos Really enjoyed the podcast!
Couple of questions about your example of NFTs as "living receipts":
(1) How would this be different than a brand tracking customers via an online store?
(2) Could this brand engagement via NFTs turn into a web3 version of email spam?
@spencernoon@solana How do you get comfortable with the current downtime issues? I feel like there's a lot of noise around this topic and its hard to assess how big the challenges are esp. without a deep technical background.
This is spot on, especially for developing markets. Brazil for example has some of the highest internet usage in the world, and the majority (58%) of their connected population accesses the web exclusively through their phones.
@AtlanticoPart
PFP NFTs might go down as the “Ringtones” of Web 3.
Mainstream adoption, huge revenue, IP and copyright issues, personalization as utility, vast majority of businesses went to 0.
Paved a lot of the way for Western mobile commerce.
One example of this concept is the insight that there are no exponential curves in nature (because they all turn to S curves over a sufficiently long period of time)
@NickSzabo4
https://t.co/uqmlfS3taJ
Great thread. The first part on entropy reminds me of a @naval philosophical posts about epistemology - if you have a profound understanding of fundamental concepts, you're better equipped to detect the underlying drivers of any subject, incl. those w/many layers of complexity
1/ Since disorder is spontaneous, the human endeavor is a constant, unrelenting struggle against the forces of entropy. We are a highly ordered species – a true miracle of the universe. Beating back entropy requires energy. Ergo, energy is life.
One thing most people don't fully grasp: it takes years, often decades, to go from a new infrastructure-level technology breakthrough (like crypto) to a vibrant ecosystem of mainstream applications.
So perhaps the current bear market could set the stage for rapid institutional adoption of crypto, which could provide the foundational deep liquidity that will allow crypto to flourish.
Exciting stuff!!!!
@RyanSAdams from @bankless wrote a great article in Jan about how important liquidity is for unlocking the potential of crypto, in the same way increasing bandwidth was the transformative foundation that grew the internet from web pages to Netflix
https://t.co/FL557DwpRi