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/biz/ - Business & Finance

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27390307 No.27390307 [Reply] [Original]

>https://www.youtube.com/watch?v=g9dJ9q0z_94
lets discuss the implications of this mornings Sergey talk, begins at 11:15

>> No.27390458

>>27390307
Pretty amazing talk.
Smart contracts are the future.

>> No.27390735
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27390735

>>27390307
OOOOOOOOOOOOOOOOOO

>> No.27391416
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27391416

>>27390307
>I think there is two very important factors that developers who are looking to get in this industry should consider very, very very seriously when comparing it to other endeavors they are looking to do. I think the first one is that this industry while already having over 25 billion in value locked in various applications, is just at the beginning. There is over a trillion dollars value in the crypto asset format that can be put into defi protocol. So while 25 billion is a very sizable number, it is a very small percentage of all the assets that could be in these systems.

>> No.27392071
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27392071

>>27391416
>It basically means there is a huge user base, a small percent of which has made its way into defi products, generally. And that user base is also continuing to grow. So you have a growing general user base, and you have a growing funnel of users going into this format of defi financial products. And that’s really one of the largest predictors of success for many startups, is am I in a market that allows me to succeed. Am I in a market where people have demand for my products, in addition to the products of other people in the market, largely due to growth. So market is one of the most important things, out there when making an early stage technology company.