Solving Crypto's Onboarding Problem | Arianna Simpson, Riyaz & Nass (Bastion's Founders)

Arianna Simpson, Riyaz Faizullabhoy and Nass Eddequiouaq join us to discuss how crypto needs to shift its focus back to the user experience. We cover crypto's friction points, the application vs infrastructure phase, how Bastion can enable simple onboarding and a Web2-like user experience, crypto's misplaced defaults, over-indexing on decentralization and more! - - Timestamps: (00:00) Introduction (00:26) What Problem Is Bastion Solving? (06:57) Have We Over-Indexed on Decentralization? (10:04) Building Infrastructure vs Consumer-Facing Products (14:26) How Transaction Routing Works (18:18) Why Should Consumers Care? (21:49) Unique Use Cases Enabled by Web3 (28:24) The Infrastructure vs Application Phase (30:34) Will Users Self-Custody in the Future? (32:00) How Crypto Can Rebuild Trust (35:54) Interoperability and Bridge Risk (40:38) How Developers Choose Where to Build (44:34) Crypto's Misplaced Defaults (49:36) The Insane Challenge of NFT Projects - - Follow Arianna: https://twitter.com/AriannaSimpson Follow Nass: https://twitter.com/nassyweazy Follow Riyaz: https://twitter.com/riyazdf Follow Mert: https://twitter.com/0xMert_ Follow Garrett: https://twitter.com/GarrettHarper_ Follow Lightspeed: https://twitter.com/Lightspeedpodhq Subscribe on YouTube: https://bit.ly/43o3Syk Subscribe on Apple: https://apple.co/3OhiXgV Subscribe on Spotify: https://spoti.fi/3OkF7PD Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/ - -  Resources Bastion https://www.bastion.com/ https://twitter.com/BastionPlatform a16z https://a16zcrypto.com/ https://twitter.com/a16zcrypto - -  Disclaimers: Lightspeed was kickstarted by a grant from the Solana Foundation. Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.