What are some important things in crypto that people don’t talk about enough?
I’ll start! 🥐
Have we lost our roots?
Cypherpunks supported public-key encryption in order to help preserve privacy, as the world turned increasingly digital
#Bitcoin gained headway amongst the members very quickly
Now in pursuit of money, many of our primitive values no longer remain today
Why is crypto so underrepresented in Washington?
The industry is now in the trillions of dollars yet it was almost blindsided by regulations
We could quickly become a single issue voting matter, & be especially attractive for politicians
This is bigger than we understand…
Why are the #Bitcoin and $ETH communities so marginalized?
As a whole, we all believe in the fundamental values of decentralization and cryptography for society
$ETH & $BTC have many more synergistic properties than one might think…
Where does yield come from?
The question no one dares to ask, is actually quite simple
Yearn’s $USDC vault offers a modest 5.79% APY by:
->borrowing $USDC
->farming $COMP
->flashloans
->harvesting $COMP
->reinvesting $USDC
Additionally, yearn isn’t taking 3-4% like most banks
Why is becoming your own bank something many deem a daunting task?
DeFi offers everyone a new level of freedom over their finances
Rather than putting your funds at the hands of individuals, you are putting your funds at the hands of code.
This is huge.
Why is liquidity so segmented across decentralized finance?
Swaps are on Uniswap, Sushiswap, or Bancor
Options are on Deribit, Hegic, or Opyn.
Loans are on Aave, Compound, or Dydx
Capital efficiency on $ETH would go exponential if we could interact with these individual pairs
Why are so many people unaware of exactly how elaborately blockchain is changing the world?
There are tons of examples I’ve even written a thread about, serving good to mankind with:
-unbiased lending
-access to insurance
-universal market access
-digital ownership
& more…
Why are the use cases of NFTs so focused on pfp projects?
NFTs solved the final piece of the puzzle. It put non-fungible items on the blockchain.
They can be used to tokenize and represent ownership of anything online
In fact, they don’t even have to be an investment at all…
Why do people think they’re late to crypto?
Believe it or not, only 2.6M wallets have ever interacted with DeFi
That’s only 1.2% of all wallets on $ETH, & many people have several wallets in use!
We haven’t even begun to discover what can be done on the blockchain
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