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Uniswap already has mainstream adoption lol. V2 has had more volume than Coinbase for almost a year and its less than a year old. People that want alpha learn
by vmception 6y ago
Uniswap already has mainstream adoption lol. V2 has had more volume than Coinbase for almost a year and its less than a year old.
People that want alpha learn that interface, the end.
If you want limit orders and big ole' chart taking 3/4ths of the screen so that you can pretend the Bollinger bands are suggesting a breakout, then you have to use third party GUIs, it is all possible and there are plenty of github projects about it. Uniswap V3 makes that even easier.
HFTs already exist here, they provide a service mostly liquidity depth. Crypto exchanges are fairly unique in that they operate many conflicting roles when in other markets they would have fiduciary duties.
- swensel 6y agoThanks! For the adoption, I meant more like new folks to crypto. I think sending someone new to Coinbase is a lot easier than having them set up Metamask, telling them how to get some ETH and sending them to Uniswap (and also having them understand gas fees, etc, otherwise their Uniswap transaction will take hours and maybe be cancelled due to slippage). Anyway those third party GUIs sound interesting. I also figured there already was HFTs on crypto, but good to know. We'll see what happens with potential regulation. I do hope the US understands that not stifling crypto innovation would support them in having companies and leaders in this upcoming field. I do think crypto is in it's early stages at the moment and mainstream adoption to me is having crypto adoption at the level of say the US stock market.
- vmception 6y agoPeople can buy eth directly in metamask with dollars New people to crypto just follow their favorite youtuber The ux will improve even more over time The commerce applications on the other side like Uniswap are understood pretty quickly as its just market orders But there is tons of room for innovation in making it more accessible When I see the volume, liquidity, value on chain, and all times lows of crypto stored in exchanges, to me that means its easy enough for people to figure it out from their favorite influencer’s bite sized video