🤯 [Analysis] Reimagining trusted intermediaries – Electric Capital
Sometimes disruptive innovations occur when a cultural shift is combined with utilitarian technology that allows the culture shift to scale. Blockchain and crypto are examples of this type of innovation as:
- We are in the midst of a global collapse of trust in institutions
- These technologies allow us to operate without these trusted intermediaries, and allow us to reimagine a world without these intermediaries
Blockchain allows us to reimagine trusted intermediaries. Cryptocurrencies are one of the first killer applications. When other benefits of decentralization outweigh the costs, further adoption will occur. The play right now should be to focus on crypto-native opportunities and to be patient.
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