Western Crypto Has Technology With No Users & Eastern Crypto Has Users With No Technology
summary
Argues that Western crypto supplies capital, research and protocol-level innovation while Eastern crypto supplies users, distribution and hungry developer teams; cites 2.8% wallet overlap between USDC and USDT, Binance’s ~200M wallets vs Coinbase ~70M, Korea’s “one in five” CEX adoption, Solana DEX Drift running multi-stablecoin cross-collateral and a 30→50 hire plan, and Soon getting a Solana-Virtual-Machine rollup testnet live in three months (alpha in five), claiming faster delivery and much lower burn in Eastern dev teams.
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chapters (15)
- 0:00Intro
- 0:55Who is Joan
- 2:10Who is Cindy
- 3:27Cindys story
- 5:00The core of the argument
- 7:00Can I challenge that
- 7:39Crypto is inherently Global
- 8:29Optimism
- 9:23Viral Marketing
- 11:02Stablecoin Distribution
- 12:35Stablecoin Users
- 14:08Why Do We See Small Overlap
- 15:32Distribution Plan
- 17:17Developer Onboarding
- 18:13Eastern Developers Work Hard
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