The Ledger
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Lack of Consumer Protection Against Scam Coins Destroyed Crypto Sentiment
“And I think what's given such a bad rep is there's no consumer protection here on a lot of these products. So people will buy it. It's so hard to do in the first place, but then they get over the leap of actually doing the thing and then they just lose all the…”
BeReal Lost Momentum by Forcing Daily Activity Without Feedback Loops
“Be Real didn't have the feedback loop. It required people to do something every day, and people don't want to have to do something every single day, and I think as soon as you lose that, you lose momentum very quickly.”
Overreliance on AI for Writing Degrades Core Skill and Judgment
“I try to use AI for as little of my writing as possible, because I think if I use AI for all my writing, I'm not gonna be able to write anymore, and I'm not gonna be able to remember what is good writing. I'm pretty scared of that to be honest.”
Crypto Users' Passion Gives FOMO a Major Competitive Advantage
“And this is actually one of the biggest, largest competitive advantages for our company is in the on-chain and crypto industry specifically, the users are very passionate about using the products.”
Social Features in Finance Apps Require Momentum-Driven Design
“But you need to be very intentional about the social graph. And I think that's something that is very momentum based. And as soon as you start losing momentum there, people stop using the app and then the whole thing could kind of unravel.”