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No. No. No. You didn't do your homework. Both A16Z and Peter Thiel see Bitcoin as a store of value and Ethereum as a computing platform. Ethereum is a new parad
by eaenki 8y ago
No. No. No. You didn't do your homework. Both A16Z and Peter Thiel see Bitcoin as a store of value and Ethereum as a computing platform. Ethereum is a new paradigm only useful in applications where trust is paramount and/or there's generally lack of it between parties.
Mobile brought Instagram and Uber - simply because phones have a GPS and they're always with you. Not because they're a more powerful computing platform or smth.
TUSD and GUSD might be used for payments infra (they're stable).
I realize that many people still think of Bitcoin as a payment method and Ethereum as a place where it makes sense to build anything on (e.g social networks). But we're talking about A16Z's and PT's views (Which imo, are correct)