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@billmaher This is so infuriating the fact that the two guests also have no understanding of how blockchains actually operate and probably none of the corrections in replies to this post will make it to Bill.
@bankless@RepRoKhanna Great episode! It's crucial to clarify that supporting crypto doesn't align you with the right wing, and not everyone developing blockchain apps fits the 'Crypto Bro' stereotype.
"gambling/prediction markets like Polymarket"
Putting Polymarket into the category of "gambling" is a massive misunderstanding of what prediction markets are or why people (incl economists and policy intellectuals) are excited about them.
Prediction markets are interesting because they're a social epistemic tool: the public gets a view of how important certain events are and what kinds of things are likely to happen, that is much less vulnerable to biased editorial opinion than either social media or news websites. Conditional prediction markets have applications in governance, which we're starting to see already.
Forgot who I heard this from but this is how I view life:
20s: explore (learn)
30s: exploit (use your knowledge to win)
40s: empire (build an empire from what you've built in your 30s)
much love to everyone in this thread but I think crypto devs dramatically overestimate how much app users want to think and learn
most people want to turn off their brain and use apps that "just work"
they're not using your app covered in scary security warnings
@lightclients@Smartprogrammer users quite literally dont understand any of this shit
they either
1) eyes glaze over and accept bc they have have popup fatigue
2) get scared by the warning, and stop using the app
we need to stop building products aimed at expert level smart contract devs
Anyone trying to shoehorn crypto to align with one specific party is prioritizing their personal politics ahead of the interests of the industry
Technology is bipartisan
The internet is bipartisan
Crypto is bipartisan
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