Where are all the crypto use cases? | Evan Conrad

The main use-case of web3 is speculation and money laundering. We’ve been promised much more, but at this point blockchain technology is over a decade old. It didn’t take web1 nearly this long to flourish after the browser and HTTP were invented. Shouldn’t more have happened by now?

Vitalik Buterin, argues that crypto won’t have a killer app at all. I disagree.

The Debate Over the past few weeks, Logan Bartlett’s red hot new podcast Cartoon Avatars has taken my corner of the internet by storm with a series in which Flatiron Health co-founder and Operator Partners GP Zach Weinberg debates crypto people about whether there are any real crypto use cases. The series kicked off when he wiped the floor with me ... See more

Crypto is EARLY. Painfully early. If you’ve ever used any of the types of applications I talk about in this newsletter then you know the user experience is usually terrible. If you make a careless error you might lose all your money. If you pick a token at random it’s more likely a scam or shitcoin than anything legitimate.