GM. I was thinking about how normies learn about and get sucked into adopting new technologies. It ain't release notes, it's more to do with branding. Heck, many people didn't know what NFC was until iOS introduced Apple Pay. I think we need a for profit wallet that can afford to build a brand. They will rebrand features like "BOLT 12" into something that can be compared with banking, like "direct deposits". They will almost always be late to market, but they will get people excited about the development of Bitcoin. The risk is merely that "everyone" uses this product and only power users use anything else... but is that so bad? As long as there is a market for cutting edge, there will be a market for other wallets.
+1 to that
"I was thinking about how normies learn about and get sucked into adopting new technologies." The Matrix movie is for example seemed to prime people to accept things like Bitcoin.
It's much easier to orange or purple pill someone, after they've taken the red pill 😏
It's apparently very powerful to write stories and film. I get annoyed because I'm not a fan of Matrix genre. I think those movies are all ugly . I don't like scenes like Star Wars. I'd rather see landscapes like Sound of music. But that movie hasn't orange pilled anyone to my knowledge.
That's the point. You can choose to indulge the comfortable illusion of a thing, or you can choose to see the reality of the thing. Even if it's ugly & difficult, it's still closer to the truth than the illusion, and that's precisely the choice and the hero's journey Neo takes in The Matrix.
For profit. So to answer your question at the end, yes it will ironically be bad in the end if it works well enough. If everyone uses the for profit app, I can't imagine that organization resisting the incentives & threats they'll be subjected to towards capture as the userbase reaches a critical mass. The app would ideally use UX patterns to push people off to more sovereign options... but if they're profit driven, that's a nonstarter. Even if they're altruistic, with enough threats, it's a nonstarter. Legacy social media incentives. I'd love to see it, just seems very unlikely to successfully do what we're looking for here.
The kyc components that usually finds its way into such products can be an issue.