# The Value of a Wallet

By [Fridiary @ LALA](https://paragraph.com/@fridiary-lala) · 2022-02-11

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Drink the crypto wallet Kool-aide while reading this

*   [The Crypto Wallet: Unlocking Digital Identity](https://jaydrainjr.substack.com/p/crypto-wallet?token=eyJ1c2VyX2lkIjoxMTU4NDE2MywicG9zdF9pZCI6NDc0MDk5NDAsIl8iOiJOZUVZcyIsImlhdCI6MTY0MjY5NzI2MCwiZXhwIjoxNjQyNzAwODYwLCJpc3MiOiJwdWItMjQ2NTUyIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.xwioKhWCXbZ3lhbut7SgKzAtnaWKBXbhh5hHdeEqfBM)
    

.... then let yourself be slapped in the face with some crypto-skeptical reading:

*   [Three things crypto needs to fix in 2022](https://www.platformer.news/p/three-things-web3-should-fix-in-2022?token=eyJ1c2VyX2lkIjoxMTM0ODgwLCJwb3N0X2lkIjo0NzgwNTMwOCwiXyI6Im5yKzZEIiwiaWF0IjoxNjQzMzYzODk0LCJleHAiOjE2NDMzNjc0OTQsImlzcyI6InB1Yi03OTc2Iiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.sSTY0yK-uPlZxy9FJ2b4iKNaOUmqm872cWKLUEPicUI)
    
*   [NFTs that steal your IP address](https://www.vice.com/en/article/xgdvaz/nft-steal-ip-address-opensea)
    
*   [2 hours of the problems with NFTs](https://www.youtube.com/watch?v=YQ_xWvX1n9g&feature=youtu.be) by Dan Olson (reminds me a bit of the [Zeitgeist video](https://www.youtube.com/watch?v=p4qKjijP99c) that popped up around the crash in 08). He talks about wallets 1.20 into the vid, and some of his arguments are really thought provoking.
    

Web3 aside, table stakes for any successful mainstream consumer app will continue to be **safety** (people can't send you stuff that will allow your wallet to become an attack vector for hackers or scammers), **privacy** (I don't want everyone to see what I own unless I give them permission), and **delightful** to use. Not obvious that the benefits of decentralized ownership outweighs the **_current_** drawbacks in these areas compared to web2.

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**Decentralized streaming and piracy**

Related to above. [Audius and piracy](https://www.billboard.com/pro/audius-blockchain-streaming-service-piracy/) is an interesting read on aspects of controlling for piracy, value of being built on block chain tech, and ensuring revenue flows back to artists.

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*Originally published on [Fridiary @ LALA](https://paragraph.com/@fridiary-lala/the-value-of-a-wallet)*