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If you think #DeFi will have a smaller impact on $ETH than ICOs, you aren't paying attention.
The ICO boom flexed #Ethereum's ability to perform 1 financial service: early-stage capital formation.
#DeFi will flex Ethereum's ability to perform *all* financial services.
The ICO boom flexed #Ethereum's ability to perform 1 financial service: early-stage capital formation.
#DeFi will flex Ethereum's ability to perform *all* financial services.
If you’re whining about #DeFi now, I fear for your mental state in a couple years time — this is just getting started.
Crypto is still off the radar compared to 2017-style interest, and that type of interest will come again, and again, and again, and...
Each cycle with past narratives hardened + new narratives that drive further conversion of users, suppliers, developers, and investors.
Each cycle with past narratives hardened + new narratives that drive further conversion of users, suppliers, developers, and investors.
Eventually these architectures will be the “new default” and the cycles less pronounced, but we’re still a ways from that.
Until then, expect plenty more experimentation. New narratives will be the norm, don’t bet against the obvious.
Until then, expect plenty more experimentation. New narratives will be the norm, don’t bet against the obvious.
