Zooko Wilcox-O'Hearn
๐ค SpeakerAppearances Over Time
Podcast Appearances
We do grow in numbers.
We do grow in users.
We are unlocking new technologies and we are impacting things.
And therefore, the pre-existing world, which is, as we kind of just illustrated, is getting in the way of our goals because they have the feedback loop, they have the users, they have the lobbying arms, all the resources that they have.
And what do they do as a result of looking over the fence at our industry and seeing some of the very real successes that we have?
At the end of the day, a good crypto app does have over a million users, maybe not 100 million.
You have 100 million holders of different crypto assets, 100 million app users, maybe not there.
And, you know, maybe it wasn't homegrown on our side of the fence.
Right.
And we weren't the first users of that product.
Maybe it's still Facebook.
But under the conditions that like crypto is actually successful, has enough of a modicum of success that it,
incentives, incentivizes TradFi and Web2 to pull some of the best value, the best utility that we are producing out of crypto and then formalize it and integrate it into their tech stack.
Is that not a win?
And is that a win that also leads to the demise of what we call the movement?
Because it's not our stuff, it's their stuff, but our values still win?
Is that kind of what happened with Linux?
What do you think about this?
One difference that I see in the crypto industry versus the Linux industry is actually crypto has a pretty big proportion of non-technical users.
You know, myself being one of them and I was using crypto when it was in its worst UX era ever in 2016, 2017 DeFi.