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Unpopular opinion here (from my experience), but crypto / blockchain is ever so slowly and deliberately destroying the moat around payments and the artificial b
by seibelj 6y ago
Unpopular opinion here (from my experience), but crypto / blockchain is ever so slowly and deliberately destroying the moat around payments and the artificial barriers constructed. Probably 5 more years for some very serious mainstream business movements into it, and 10 more for non-technical consumers, but I believe with the rise of stablecoins (USDC) and Ethereum scaling via proof of stake (ETH2) their days are numbered.
- erostrate 6y agoAnd one year after that we will get self driving cars. And the next one will definitely be the year of Linux on the desktop :) Sure, it could happen somewhere down the line but saying that blockchain is "destroying the moat" today is a big stretch. Blockchain barely just started to realize that the moat is actually much larger than previously thought. And that parts of the moat exist for a reason. It's barely starting to understand the moat, still far from attacking it, let alone destroying it. Hopefully it will but I'm not holding my breath nor my bitcoins.