10 takes on the future of crypto from the depths of a bear market:
The 2017 run-up & 2018 freefall is only a micro-bubble—the crypto mega bubble is yet to come
The 2017 run-up & 2018 freefall is only a micro-bubble—the crypto mega bubble is yet to come
Ethereum isn’t dead—it’s just getting started. It will become obvious that ETH is a neo-money competitor, backed by an economy of open financial primitives
Like a black hole Bitcoin will get bigger and stronger as it pulls in value from lesser monies
The mega exchanges like Coinbase & Binance will emerge as full-fledged banks during the next bull run. The big banks will respond aggressively when they realize they’re trapped in early stage innovators dilemma
Maker will be one of the most successful first-gen financial protocols setting the mold for a new wave of decentralized financial banks & services
Programmable money and dapp platforms will diverge—roughly, money on mainnets & dapps on side chains
First gen blockchain interoperability won’t deliver on the hype. Neither will cross shard transactions (this stuff *is* hard)
We’ll look back on the summer of 2018 as one of the best times to invest in crypto—a time when risk of crypto's death was low, but massive upside still remained.
The majority of current Coincap 100 tokens will never see their January 2018 all time highs
Institutional money will amplify, but not resurrect the next crypto bull market. Only once retail acts will the institutions will enter in a big way. Collectively, they'll FOMO crypto to new highs
