This Week in Startups Crypto Roundtable: Twitter payments integration and latest Yuga Labs NFT drop | E1688
Mar 2, 2023
Vinny Lingham, a cryptocurrency and payments expert, and Sunny Madra, a contributor focused on NFTs, dive deep into Twitter's potential payment integration with crypto. They discuss the implications of a national ID system and its controversies. Predictions about the latest Yuga Labs NFT drop unveil insights into the evolving landscape of digital assets. The duo also critiques Coinbase's future strategies and explores Spotify's innovative NFT experiments, highlighting their impact on both creators and users.
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Twitter Payments Complexity
- Twitter's integration of payments is complex and faces challenges.
- Prioritizing core product features over payments is crucial.
Dogecoin's Potential Role
- Elon Musk views Bitcoin as a store of value and Dogecoin as a transactional system.
- Dogecoin's integration with Twitter seems likely due to Musk's interest.
Payments Lucrative but Regulated
- Payments are a lucrative business due to low marginal transaction costs.
- However, regulatory hurdles make payment innovation difficult for large companies like Twitter.