Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
6 Jul 2021 Acquired Ethereum
“I think that's the potential power of businesses built on top of Ethereum. They're incentivizing users to get more of their friends to use the thing that they're using because their token gets more valuable as they do it.”
— Speaker unverified
Source trail
Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 6 Jul 2021
- Publisher
- Acquired
- Episode
- Ethereum
Transcript context
…David’s got laser eyes over there on the corner. To me, I think network effects are for any blockchain, the number one thing that any of them have. This one actually works in a couple of ways. One, there’s the concept that we talked about that everything gets more secure, the more people who are using and the higher price the ETH is. Then, I think even on top of that all the things that are being built on top of Ethereum, I think really benefit from it. Where the holders of a token of a certain project are more likely to stick around. I think that's the potential power of businesses built on top of Ethereum. They're incentivizing users to get more of their friends to use the thing that they're using because their token gets more valuable as they do it. Those things have their own really strong network effects I think. That then I think benefits back down to Ethereum. Yeah, it’s multi-layered.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.