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by pa7x1 809 days ago
https://github.com/daimo-eth/daimo
2 comments

The killer app of crypto is... a wallet app to put your crypto in. Okay.
This is “decentralized Venmo”.

Yes, the “killer app” of internet currency is going to be money transfers. That is not surprising, non-trivial, and quite valuable.

That's not a killer app. We already have money transfers.
Providing global instant settlement for sub-cent fees? Doubt it.
Then you believe people will use this at a scale worthy of being called a killer app?
So… a place to store your funds that is irretrievably lost if you lose your phone?
You can backup your account with passkeys.
Surely everyone will do that