2/ First, wtf is Fat Monies? @twobitidiot called it one of the top 5 crypto theses of the year, while @arjunblj called it a cool name for monetary maximalist. https://t.co/bLijkuz8FR
— Nathaniel Whittemore (@nlw) August 15, 2018
4/ Erik also recently published “Money Crypto vs. Tech Crypto” on @tokendaily which is a useful framework for understanding the overlapping but distinct conversations and worldviews we’re referring to when we discuss the space. https://t.co/xBGU81FaIx
— Nathaniel Whittemore (@nlw) August 15, 2018
6/ For those of you who like to learn through reading rather than listening, @bmbernstein’s “Cryptocurrencies are money, not equity” is a seminal essay for understanding the differences between tech startups and crypto asset networks https://t.co/cQf2QrRTYE
— Nathaniel Whittemore (@nlw) August 15, 2018
8/ And then, of course, there’s @real_vijay's “The Bullish Case For Bitcoin.” 41 minutes, 17,000 claps. Grab a drink and saddle up. https://t.co/KU5BnwHNDA
— Nathaniel Whittemore (@nlw) August 15, 2018
10/ This is not because I think that there is no value in tech crypto. I think that presumptions of how people will interact with tokens fall into a trap of using today's norms to predict future behavior. We are at the beginning, not the end, of the decentralization experiment.
— Nathaniel Whittemore (@nlw) August 15, 2018
11/ That said, I think that, right now, the money case of crypto is undeniable in its significance; BTC has “product market fit” as a long term hold and store of value; and that the concepts swirling around Fat Monies are too important for any of us interested in crypto to ignore
— Nathaniel Whittemore (@nlw) August 15, 2018
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