Antonio Juliano outlined that crypto needs more “products with massive usage” and this can be easier for startups to generate outside of the U.S.
As the U.S. government continues toon establishing crypto regulation, Juliano suggested that the crypto sector needs to grow further so that it can have more sway on U.S. policy.
As such, he argues that it makes more sense in the meantime for builders or startups to focus on finding PMF overseas and then coming back with the “leverage” of large user bases. “This does not mean crypto US policy work is not important. It absolutely is as it takes a really long time and much of the world will follow the US’s lead,” he said, adding that:
“Crypto not yet having world-scale usage/product market fit means we don’t yet have much influence in policy. We need to have products with massive usage where users say ‘wait, I need this’.”— responded to the post by offering a different point of view, as he noted that: “I see your point — but I think it will be better in a much shorter time. Probably by next year if I had to guess.”“The U.S. always gets it right, after exhausting every other option.
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