Mike is a co-founder at Rainbow. We talk building for newbies vs. crypto natives, why crypto has primarily been desktop-first, WeChat-style wallets vs. embedded wallets, maintaining a beginner's mindset, consumer adoption, and why consumer crypto has become such a meme.
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(00:00) Intro
(01:00) What is Rainbow?
(02:28) Building for Crypto Natives vs. Newbies
(05:24) Mobile vs. Desktop
(12:12) Consumer Social
(20:38) WeChat-Style Wallets
(26:30) Embedded Wallets
(32:48) Beginner's Mindset
(34:55) Consumer Adoption
(36:50) Users Making Money by Default
(42:18) Mike's Prediction for Adoption
(45:40) Large IP Holders in Crypto
(49:39) Analogies for the Crypto Casino
(51:05) Meme Buzzword Rabbit Holes
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Follow Mike: https://twitter.com/mikedemarais
Follow Chase: https://twitter.com/chaserchapman
Follow On the Other Side: https://twitter.com/ontheOSpod
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Disclaimer: Nothing said on On The Other Side is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Chase and our guests may hold positions in the companies, funds, or projects discussed.
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58. Zero-knowledge proofs + the power of encryption w/ Jon Wu
57. Chaos + co-creation in web3 w/ LDF + Reka.eth
56. An unstructured conversation on consolidation, monopolies, and values w/ Tommy Lower
55. Staffing for bureaucracy + lessons from a DAO service provider w/ Nick Cannon
54. An unstructured conversation on morality, internet art, and cancel culture w/ jayislate
53. Regenerating the world + programmable values as a double-edged sword w/ Kevin Owocki
52. Stepping into our values + taking care of each other w/ Maxwell Kanter
51. Media as the fourth estate w/ Steph Alinsug (cryptohun3y)
50. Principles for a more fair internet w/ Li Jin
49. PRIVACY: Context collapse and quantifying harm w/ Anastasia Uglova
48. Collaborative research enabled by web3 w/ Cherie Hu
47. Media ownership + web3 social w/ Mark Beylin
46. Building in the bear w/ Nicole d'Avis
45. Magic internet society w/ Dennison Bertram
44. Community as a science + mutual aid w/ Madam Cult Leader
43. Financial sovereignty + social capital w/ David Phelps
42. DAO mini-series: Get rolling with roles
41. DAO mini-series: “Hiring” in DAOs
40. Self-expression in web3 w/ Evin McMullen
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