“Co-Founder of Coinbase Fred Ehrsam joins Creator Economics to discuss the future of Cryptocurrency, NFTs, and what the future for these technologies look like.”
“I increasingly have thought about crypto in three stages of development.
The first is a new digital money.
The second is a new financial system.
The third is a new broad internet application platform.
If I had to guess, and these are highly speculative because with any new foundational technology, it is very hard to predict the future and where you are on the trend.
But…if I had to guess:
We’re probably order of magnitude 10% into a new digital money.
We’re maybe one tenth of 1% into a new financial system.
And we are effectively at zero on a new internet application platform. It’s super early.”
“I increasingly have thought about crypto in three stages of development.
The first is a new digital money.
The second is a new financial system.
The third is a new broad internet application platform.
If I had to guess, and these are highly speculative because with any new foundational technology, it is very hard to predict the future and where you are on the trend.
But…if I had to guess:
We’re probably order of magnitude 10% into a new digital money.
We’re maybe one tenth of 1% into a new financial system.
And we are effectively at zero on a new internet application platform. It’s super early.”