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1/ Every day I get more excited than the day before about the sustainability of crypto& #39;s Cambrian explosion.
It wasn& #39;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& #39;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& #39;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& #39;m certain that many of these asset prices will collapse during the next bear cycle, but many of them will have healthy *models*.
