I remember when Stripe was the ultimate financial disruptor. The “add payments with one line of code” was ingenious product marketing that legitimately changed the industry. In my YC batch in S11, the Collisons came by and captivated us with their extensive knowledge on literally everything. Today, they entered the crypto space as an incumbent corporation, with another centralized and mostly undifferentiated blockchain marketed for crypto’s most basic use case. I take no pleasure in saying this, but: Welcome, IBM.