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Q Just on that note, is crypto basically just fintech? Or, you know, people said it is the new version of the new internet. Maybe hopefully it still happens, but in terms of where it is right now, is it, you know, mostly just a subset of fintech?
A Well, David, you're an investor, so you probably know better than me. My take is sometimes, like, ultimately, I don't think that consumers, um, Change all that much over time. And so the kind of things that a consumer would want to do five years ago are similar to the kinds of things that they might want to do today. Uh, but the form factor in which they can do it, uh, is very different. So, um, you know, five years ago, um, a consumer might want to speculate. Um, and you know, you can speculate on gold. You can speculate on a few of these other things and, uh, uh, Bitcoin and, and, and other, uh, uh, coins. Made it very simple for consumers to speculate. Uh, so great. You can pull up an app. You can speculate on things. Speculation continues. Um, the form factor has changed. Um, another thing that consumers like to do is make predictions. Um, so, you know, in the past you might, uh, make a bet with some friends. Um, uh, now you might go on CalShare Polymarket and, uh, you know, enter prediction markets, or you might do that via Robinhood or, or, or whatever it is. Um, other things that consumers like to do are like, you know, spend money, save, invest, so on and so forth. And in as much as consumer behavior doesn't change, it's a question of, like, how and where does crypto and fintech fit into the existing set of consumer behaviors? So I think if you look at, again, what a ba…
AI assessment note: “how and where does crypto and fintech fit into the existing set of consumer behaviors?”
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D 3 · C 4 · P 4 · Cm 3 3.55
Q Just on that note, is crypto basically just fintech? Or, you know, people said it is the new version of the new internet. Maybe hopefully it still happens, but in terms of where it is right now, is it, you know, mostly just a subset of fintech?
A Well, David, you're an investor, so you probably know better than me. My take is sometimes, like, ultimately, I don't think that consumers, um, Change all that much over time. And so the kind of things that a consumer would want to do five years ago are similar to the kinds of things that they might want to do today. Uh, but the form factor in which they can do it, uh, is very different. So, um, you know, five years ago, um, a consumer might want to speculate. Um, and you know, you can speculate on gold. You can speculate on a few of these other things and, uh, uh, Bitcoin and, and, and other, uh, uh, coins. Made it very simple for consumers to speculate. Uh, so great. You can pull up an app. You can speculate on things. Speculation continues. Um, the form factor has changed. Um, another thing that consumers like to do is make predictions. Um, so, you know, in the past you might, uh, make a bet with some friends. Um, uh, now you might go on CalShare Polymarket and, uh, you know, enter prediction markets, or you might do that via Robinhood or, or, or whatever it is. Um, other things that consumers like to do are like, you know, spend money, save, invest, so on and so forth. And in as much as consumer behavior doesn't change, it's a question of, like, how and where does crypto and fintech fit into the existing set of consumer behaviors? So I think if you look at, again, what a ba…
AI assessment note: “how and where does crypto and fintech fit into the existing set of consumer behaviors”
