Can Solana Power the Future of Finance? | Nick Almond, Jito Foundation

Enabling it really, aren't they? I mean, honestly, the conversations that we have, I'm just like, wow, hang on.

This last person we spoke to said they were building on Solana.

The one before that said they were building on Solana.

The one before that also said they were building on Solana.

You kind of go, hmm, maybe there's something here, right? And

that's certainly the conversations we've had.

There is.

So I've been in crypto for nearly 10 years now, and I'm relatively new to the Solana ecosystem.

I was kind of an ETH maxi from about 2016 sort of era.

Spent several years building on Ethereum and it's still a really important blockchain and they're going into this kind of like privacy orientated kind of maximally decentralized kind of cypherpunk dynamic.

And the interesting thing about Solana, I had some preconceptions that it was just about meme coins and it was just purely speculation.

And it's not like that at all, actually.

The first conference I went to was the Accelerate conference in New York.

And I was incredibly surprised at how institutional it all was, how serious it all was.

Yeah, this is very much about serious finance, where things are going in the future.

It's where you can get huge amounts of distribution as a product builder.

It's the kind of most active, most used chain.

So yeah, it's surprisingly different to what a lot of people have preconceptions of.

And it's a kind of serious financial environment now.

Yeah, that's why we love doing these kind of podcasts.

Because even myself, you know, you have kind of...

Certainly crypto Twitter, I think, is the best and worst place for information, right? It's brilliant, one half of it, and then the other half of it actually is quite problematic in terms of the information that you get given.

But there are a lot of sort of preconceived notions about Solana.

You've addressed some of them there, you know, it's just for mean coins, it's just for this.

I just think that is one very small application of the overall picture.

Enabling it really, aren't they? I mean, honestly, the conversations that we have, I'm just like, wow, hang on.

This last person we spoke to said they were building on Solana.

The one before that said they were building on Solana.

The one before that also said they were building on Solana.

You kind of go, hmm, maybe there's something here, right? And

that's certainly the conversations we've had.

There is.

So I've been in crypto for nearly 10 years now, and I'm relatively new to the Solana ecosystem.

I was kind of an ETH maxi from about 2016 sort of era.

Spent several years building on Ethereum and it's still a really important blockchain and they're going into this kind of like privacy orientated kind of maximally decentralized kind of cypherpunk dynamic.

And the interesting thing about Solana, I had some preconceptions that it was just about meme coins and it was just purely speculation.

And it's not like that at all, actually.

The first conference I went to was the Accelerate conference in New York.

And I was incredibly surprised at how institutional it all was, how serious it all was.

Yeah, this is very much about serious finance, where things are going in the future.

It's where you can get huge amounts of distribution as a product builder.

It's the kind of most active, most used chain.

So yeah, it's surprisingly different to what a lot of people have preconceptions of.

And it's a kind of serious financial environment now.

Yeah, that's why we love doing these kind of podcasts.

Because even myself, you know, you have kind of...

Certainly crypto Twitter, I think, is the best and worst place for information, right? It's brilliant, one half of it, and then the other half of it actually is quite problematic in terms of the information that you get given.

But there are a lot of sort of preconceived notions about Solana.

You've addressed some of them there, you know, it's just for mean coins, it's just for this.

I just think that is one very small application of the overall picture.