Back in January Tushar Jain from Multicoin Capital tweeted about anti-network effects, a term I hadn’t really heard before:
Growth is religion in startupland, and it’s rare that more users is actually a problem. If anything that usually just means scaling & capacity issues, which is a money problem – “where the heck am I going to store all this money?”
But in the real world this kind of anti-network effect is nothing new. Every time I go to a bar or nightclub I am walking a beautiful chicken-and-egg tightrope:
Basically what I’m trying to say is that the Ethereum club is too poppin. I heard they’re expanding the club, but that takes a minute. Meanwhile I’ve got people sweating on me and bumping my drink, so I’m actively checking out other spots.
Ethereum is New York’s hottest nightclub, but it’s not the only nightclub.