Yeah, I think this is probably what he meant, but it is a gross way of thinking about it. It's like saying a niche web forum isn't successful because not everyone in the world is using it. In reality it's more like how http was successful the moment people started using it because it was better than alternatives.
there's "success" from the protocol angle (as you point out) and "success" from the investor/influencer angle 😬
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