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Speed and Ease of Development in Crypto
The core insight is that in the past, launching a mobile app on the app store required a lot of friction like getting a duns number. However, in the context of crypto, developers realized the need for faster and more efficient ways to take payments. This led to the development of platforms like Stripe, which enabled developers to sign up easily and start receiving payments quickly. The beauty of current frameworks such as Vercel is their speed - enabling developers to prototype and iterate rapidly. This focus on fast iteration and prototyping in the crypto space contrasts with other industries where development has become more professionalized. The speaker highlights that the crypto space is unique in fostering an environment where developers can tinker and innovate rapidly, which is one of the reasons they remain engaged in the industry.