Crypto's Governance Potential

Philip highlights the dual nature of crypto, emphasizing its potential for frictionless capitalism and democratic governance. He believes that innovative solutions could soon enable meaningful voting mechanisms within crypto systems. Patrick draws parallels to Axie Infinity's success with the Ronin sidechain, illustrating the necessity of low-friction environments for economic activity. Bill adds depth by discussing the spectrum of decentralization across blockchain platforms, noting the trade-offs between trust, performance, and cost.