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1/ Every day I get more excited than the day before about the sustainability of crypto's Cambrian explosion.
It wasn't until 8-9 months ago that it became clear many of these networks could actually generate fees at scale, and begin to replace companies.
It wasn't until 8-9 months ago that it became clear many of these networks could actually generate fees at scale, and begin to replace companies.
2/ As late as early 2020, I confided in @robustus that it looked like a coin flip as to whether it was a mistake to invest in long-tail asset coverage vs. top asset depth.
Would professionals actually care about assets outside of the top 10?
Would professionals actually care about assets outside of the top 10?
3/ Then DeFi summer, Layer1/2 scaling, NFT euphoria, DEX mainstream usage, and DAO tooling took off all at once with breathtaking speed.
Like 2017, I'm certain that many of these asset prices will collapse during the next bear cycle, but many of them will have healthy *models*.
Like 2017, I'm certain that many of these asset prices will collapse during the next bear cycle, but many of them will have healthy *models*.
