I want to riff on this — it’s a sharp critique and one I might’ve agreed with in the past.
Story time.
For a while, at Eco Foundation we were building towards exactly that: a decentralized, fiat-free currency for the internet age. That’s what drew me to the project in the first place.
But trying to push that vision to reality was like rolling a boulder up a hill. We learned something along the way: the world just isn’t ready for a truly new monetary system yet.
Not today. Maybe not this decade.
And that’s okay.
Table of Contents
The Reality of Sequencing
Getting people on-chain at all in 2025 is still a huge challenge.
Bringing them a fully new money paradigm on top of that? It’s out of sequence.
Right now, the highest-leverage thing we can do for crypto’s vision is simple: onboard the world. And stables are critical in making that happen.
Building the Foundation for Tomorrow
Once the world is on-chain, the surface area for innovation explodes: new forms of money, new institutions, new systems — all possible once the foundations are laid.
The original ethos isn’t gone. Far from it. But the path there may look different than some of us imagined.
And, if we do our job, Eco Foundation will play a very meaningful role on that path.
Conclusion
The evolution from idealistic vision to practical implementation doesn’t represent a retreat from crypto’s revolutionary potential — it represents strategic wisdom.
By focusing on getting the world on-chain through accessible solutions like stablecoins, we’re building the foundation necessary for the more radical innovations we originally envisioned.
Sometimes the most revolutionary thing you can do is take the practical path forward, knowing that each step brings the ultimate vision closer to reality.