\u201cI\u2019m actually more focused on trying to do stuff that\u2019s obvious today. I think that\u2019s just really important, to try to get users to go do the things that already work at scale \u2013 and those are payments. Very simple kind of thing \u2013 let\u2019s send money to each other in a cheap and fast way without [going] around the world.\u201d <\/em><\/p>\nAccording to Yakovenko, crypto assets could help simplify finance over the internet as well as let content creators work for themselves rather than be tied to the financial systems of their hosts.<\/p>\n
\u201c[Crypto payments are] just such a better experience for anyone that generates user content. So the problem is that because it\u2019s such a pain to deal with finance on the web, these platforms are able to aggregate power by creating these rails for a large number of content creators\u2026 <\/em><\/p>\nThey own the content, they own the creator\u2019s financial relationship between the creator and the user, they own that rail, they own that connection, and once they own it, the creator doesn\u2019t want to leave \u2013 it\u2019s like a kick in their revenues. They\u2019re not like working for themselves, they\u2019re working for Twitter or for Tik Tok or whatever because all of the financialization happens through these platforms.\u201d<\/em><\/p>\n