Mental Models for Navigating Crypto Markets & Cycles
web3 with a16z crypto
00:00
The Future of Cryptocurrency
The switching costs are very low, not locked in as a user. Everything is open source and because so many projects in crypto are composed and disposable by default. There's no shame in kind of copying something that's working and borrowing a business model or retooling some code. It actually forces everyone to do better by their people too because you can compete so easily. I think we may end up seeing like progressive waves of extremely rapid mini cycles and lots of little growth as the interest areas a crypto expand.
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