"Moment of Zen"

The Future of Crypto, Social Platforms, and Descending the Tech Ladder with Mike Rainbow

Apr 18, 2024
Mike Rainbow, Co-founder of Rainbow wallet, discusses the future of crypto, social platforms, and tech descent. Topics include removing middlemen in finance, direct transactions, evolving crypto wallets, chat functionalities, and challenges in transaction frame adoption. A playful chat on names and social status, along with promoting NFT minting through social signals.
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INSIGHT

Crypto Removes Middlemen

  • Crypto aggressively removes unnecessary middlemen, competing away legacy services without real value.
  • It dismantles oligarchic components in capitalism by enabling direct transactions to end users.
ANECDOTE

Mike Rainbow Name Origin

  • Mike Rainbow explained his name originated from an ironic joke and stuck due to mimicry.
  • He noted challenges of pronouncing his French Canadian last name and its connection to Massachusetts.
INSIGHT

Wallets as Web3 Portals

  • Wallets are evolving beyond portfolio views to act as dynamic portals to Web3 activities.
  • Integrating social signals like Farcaster data into wallets enhances user engagement and onboarding.
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