This weekend marks 52 weeks of LRS. To see everything that’s changed in that time, I’m going back and summing up each & every week: what we were talking about, who was driving the convo, and of course, the thread of the week. Let’s go! 👇
One logistical note: For those of you who are like “YEAH BUT WHAT ABOUT LRS52 I NEED TO TALK ABOUT LIBRA ” never you fear. It’s coming right after this one.
Because I am an insane person.
LRS1 - 7/1/18
BTC: $6,661
The thread that started it all! The first 3 pieces were @Melt_Dem on HF liquidations, @_jillruth on talent, @katherineykwu on the first China blockchain lawsuit.
Content OTW: @m2jr “Crypto Commons” blog.usejournal.com/crypto-commons…
LRS2 - 7/8/18
BTC: $6,731
The vibe of this thread was “settling in” the the bear market. @NeerajKA wrote about Bear Market Blues, @nic__carter overview of governance at Zcon1
COTW: @AriDavidPaul mid-year reflection thread
LRS3 - 7/15/18
BTC: $6728
The Augur launch & big thinking like @garybasin on crypto derivates, @simondlr on Harberger taxes. We were yapping about ETFs & @cburniske was noticing exchange tokens
COTW: @KyleSamani Web3 Stack multicoin.capital/2018/07/10/the…
LRS4 - 7/22/18
BTC: $7730
Yay price bumps! Boo debates about the “free rider problem” in Bitcoin. @spencernoon wrote about community building, @jinglanW on Plasma.
COTW: @kjer on future of networks & the end of extraction: medium.com/public-market/…
LRS5 - 7/29/18
BTC: $8242
@MustStopMurad with the greatest graphic ever on on everyone a maximalist. @twobitidiot suggesting VCs disclose token exits. PONZI GAMES.
COTW: @eeril on @PoWH3D/FOMO3D Ponzi games
LRS6 - 8/5/18
BTC: $7112
This week was all institutions, let by the Bakkt announcement. @TuurDemeester BTC unlikely to see new ATH in 2018. Venezuela pops up.
COTW: @hasufl + @nic__carter on historical BTC narrative shifts medium.com/@nic__carter/v…
LRS7 - 8/12/18
BTC: $6359
Price dips from weeks before. @brucefenton and @krugermacro on ETFs. Speculation about capitulation.
COTW: @eriktorenberg on “Money Crypto vs. Tech Crypto” tokendaily.co/blog/money-cry…
LRS8 - 8/19/18
BTC: $6375
@Crypto_voices starts now regular looks at global money supply. Legal Twitter @msantoriESQ, @katherineykwu, @jchervinsky becomes a force.
COTW: My first #NarrativeWatch! tokeneconomy.co/market-narrati…
LRS9 - 8/26/18
BTC: $6930
More on ETFs. @DoveyWan talks China ICO ban & @lindsayxlin on “regulatory tribalism” for @TokenDaily. @real_vijay on scarcity.
COTW: @Melt_Dem Decentralization Is A Myth
LRS10 - 9/2/18
BTC: $7280
A big-thinky sort of week. @VitalikButerin on innovation at layer 1 vs. layer 2. @ercwl on ICOs. @danheld on Hodlers=revolutionaries.
COTW: @Krugermacro “Crypto: Traders’ Paradise. Investors Hell.” hackernoon.com/crypto-traders…
LRS11 - 9/9/18
BTC: $6313
More ⬇️ market action, narrative battle between ETH death spirals vs. open finance
COTW:
@panekkkk open finance primer:
@real_vijay on underlying demand and death spirals
LRS12 - 9/16/18
BTC: $6284
Clap back against ETH death narratives. @jchervinsky on regulators disciplinary action. EU surveillance law kicks up the privacy conversation.
COTW: @UdiWertheimer flags @AaronvanW privacy series
LRS13 - 9/23/18
BTC: $6581
@krugermacro on massive XRP price surge (and flipping ETH). @katherineykwu on NYAG report. @nic__carter on “Dark Underbelly of Crypto Markets"
COTW: Epic @Travis_Kling podcast with @APompliano
LRS14 - 9/30.18
BTC: $6617
Tons of convo around Bitmain IPO docs. 1Broker shutdown by SEC. Big intrigue around Huobi EOS Block Producer collusion. A16Z in Maker.
COTW: @lrettig 12 Reasons I’m bullish about Ethereum medium.com/crypto-nyc/twe…
LRS15 - 10/7/18
BTC: $6677
“BTC as Stablecoin” jokes. @APompliano on Yale endowment. @MustStopMurad and @Kenoshaking introduce Market Value to Realized Value ratio.
COTW: @ercwl late night airport Bitcoin fever dream
LRS16 - 10/14/18
BTC: $7134
Senate banking committee hearing on crypto & blockchain. Launch of Liquid. Coinbase launches ZRX, but this also makes people discuss token friction
COTW: @jchervinsky from the Senate hearing
LRS17 - 10/21/18
BTC: $6472
Fidelity announces Fidelity Digital Assets. @CaitlinLong_ contextualizes institutional news. Endless chatter about Tether and bank runs.
COTW: @pierre_rochard on Bitcoin's Buyers Of Last Resort medium.com/@pierre_rochar…
LRS19 - 11/4/2018
BTC: $6433
NLW new baby edition! @BMBernstein on expanding BTC narrative. @zooko from DevCon4. @AriannaSimpson on staking as a service.
COTW: @cburniske on centralized apps on top decentralized protocols
LRS20 - 11/11/18
BTC: $6397
SEC action against EtherDelta. Many speculate: are DEX’s fucked? Uptick in convo on crypto UX w/ @austingriffith and @tayvano_
COTW: @katherinykwu on SEC action
LRS21 - 11/18/18
BTC: $5485
More SEC action against Paragon and Airfox ICOs. @hasufl and @QWQiao on hashwars. Generalized mining narrative.
COTW: @jchervinsky on the end of SEC’s crypto phase one
LRS22 - 11/25/18
BTC: $4089
BTC craters under $4k while ETH hovers near 2 digits. @CryptoHayes on HF fund manager unpleasant convos. @Melt_Dem on the “crypto crisis"
COTW: @lawmaster corrects ETH death spiral narrative.
LRS23 - 12/2/18
BTC: $4116
All about the crypto winter narratives: @martybent & @ariannasimpson on difficulty adjustment vs mining death spirals. @Apompliano on HF shutdowns.
COTW: @DoveyWan on why the winter looked bad
LRS24 - 12/9/18
BTC: $3592
ConsenSys layoffs. @CoinSharesCo on Bitcoin mining. Uptick in governance conversation. @zooko on cryptowinter narratives.
COTW: @_jillruth crypto winter as canary for broader downturn
LRS25 - 12/16/18
BTC: $3589
ETF decision delays. Bitcoin narrative competition. @Bquittem on Bitcoin as a living organism. Basically, winter.
COTW: @VitalikButerin on non-financial applications of blockchains
LRS26 - 12/23/18
BTC: $4084
This was the one where I did the ENTIRE thread in the style of “Twas the Night Before Christmas.” Please validate the time that took by going back and liking it, thnx.
COTW: #NarrativeWatch tokeneconomy.co/crypto-narrati…
LRS27- 12/30/18
BTC: $3814
The most popular LRS ever was best of 2018. @BMBernstein on cryptos as money, not equity. @jon_choi_ on the crypto idea maze. @timevalutofBTC on LN.
COTW: Impossible, but @real_vijay was defining. medium.com/@vijayboyapati…
LRS28 - 1/6/19
BTC: $4022
As you might guess, the first LRS of 2019 was all about predictions incl @nic_carter reviewing his hidden and time stamped 2018 predictions.
COTW: The essential predictions thread from @arjunblj medium.com/@arjunblj/cryp…
LRS30 - 1/20/19
BTC: $3547
The week was all about the launch of Grin, which @wheatpond wrote eloquently about. Constantinople delays; year of the DAO; & LN rounded it out.
COTW: @CaitlinLong_ showed how far ahead Wyoming is
LRS31 - 1/27/19
BTC: $3483
Tons of chatter re: Crypto Law (thnx @VladZamfir!), + a bunch about donuts? Venezuela surged even further into crypto consciousness.
COTW: @Codiox livestream on Venezuela was the must watch:
LRS32 - 2/3/19
BTC: $3432
@ameensol and @lrettig were two leaders of brilliant convos on the future of Ethereum + a lot more about state power vs. crypto
COTW: @yassineARK & @arjunblj on ideological divides in crypto
LRS33 - 2/10/19
BTC: $3,626
@jack took the LN torch. @brockpierce announced a new Mt. Gox plan. MMT became crypto’s new mortal enemy.
COTW: The vital piece from @coincenter on cash, privacy and surveillance
LRS34 - 2/17/19
BTC: $3888
@molochDAO emerged. DeFi at #ETHDenver. The Morgan Creek crew announced a new fund. JPMorgan Coin!
COTW: @twobitidiot’s video interview series at #ETHDenver2019 were all great, ex w @zooko
LRS35 - 2/24/19
BTC: $3831
Major protocol ragequits. @Binance DEX interviews from @VentureCoinist + BNB analysis. More QuadrigaCX analysis.
COTW: @_jillruth with the essential reading list on decentralized ID & reputation
LRS36 - 3/3/19
BTC: $3741
This week was a rare moment of near total unity around Coinbase’s acquisition of Neutrino, led by former members of Hacker Team.
COTW: @davidzmorris had *the* essential thread
LRS37 - 3/10/19
BTC: $3866
Apparently this was crypto research week, feat @Delphi_Digital, @tokendaily, @ResearchCricle and more!
COTW: This research on devs from @ElectricCapital on devs was just huge
LRS38 - 3/17/19
BTC: $3976
The 30th anniversary of WWW! Interesting crypto history from @francispouliot_, @hosseeb, @AaronvanW
COTW: A 50-year zoom out from @ricburton on why open finance wins medium.com/balance-io/why…
LRS39 - 3/24/19
BTC: $3947
Reflections on the Hong Kong blockchain scene from @arjunblj. @Lawmaster on IEO discussions. Cuban national twerk team (gross).
COTW: @BitwiseInvest research on fake exchange volume for the SEC
LRS40 - 3/31/19
BTC: $4145
It was staking all the time, staking everywhere. There were probably even some pictures of steak. Also @ashegan, @iam_preethi and others on governance
COTW: @Melt_Dem on the inaugural staking summit medium.com/@Melt_Dem/refl…
LRS41 - 4/7/19
BTC: $5311
BTC smashed through $5k and @parabolictrav came back. IEOs sold out like it was 2017. New SEC guidance!
COTW: @katherineykwu massive analysis on the SEC Investment Contract guidance
LRS42 - 4/14/19
BTC: $5082
This week will forever be We Are All Hodlonaut. Also some interesting back and forth b/n Ethereum and Polkadot.
COTW: Big think on display in @Delphi_Digital’s Quarterly Macro Report
LRS43 - 4/21/19
BTC: $5401
Hodlonaut culminated in #delistBSV. #NarrativeWatch on token migrations. @AriannaSimpson on Uniswap.
COTW: @TuurDemeester report on “BTC In Heavy Accumulation” - which seems prophetic now
LRS44 - 4/28/19
BTC: $5214
The latest Tether saga was Bitfinex in an $850m hole, w @krugermacro, @hasufl, @CaitlinLong_ and others on the commentary.
COTW: @woonomic surveyed tons of prominent minds on the bottom
LRS45 - 5/5/19
BTC: $5952
More on Tether and Bitfinex, including the announcement of their IEO. @Barrysilbert launches #DropGold. @CremeDeLaCrypto BTC awareness research.
COTW: MultiCoin’s 3 Mega Theses
LRS46 - 5/12/19
BTC: $7944
Binance hacked for the first time, which kicked off a massive debate about “re-orgs.” New FinCen guidance. The beginning of NY Blockchain Week!
COTW: @_jillruth announces the Open Money Initiative
LRS47 - 5/19/19
BTC: $8105
The vibe at NYBlockchain Week was determined optimism. No big announcements but lots of small cool projects plowing on.
COTW: @ethereumJoseph @EtherealSummit keynote looking back from 2047
LRS48 - 5/26/19
BTC: $8850
@nic_carter noticing exchanges reading negative regulatory tea leaves. Lots on DeFi and more on IEOs, including epic @jdorman81 thread
COTW: @MiguelCuneta “don’t use my country as your narrative”
LRS49 - 6/2/19
BTC: $8481
EOS launches massive Voice.com social network. Beginning of “Defend Crypto.” First convo from @martybent and others on FATF.
COTW: @literature why crypto is attracting the best talent
LRS50 - 6/9/19
BTC: $8057
The faithful CT legal core debriefed us on the SEC’s suit against Kik. Apple came out hard as a privacy company. Hints about Facebook’s Libra
COTW: @jeremyrwelch on the meta-shift towards privacy and sovereignty
LRS51 - 6/16/19
BTC: $9379
State power vs. crypto sovereignty, w/ Binance.com geoblocking the US, mass alt coin deslistings. Details on FB Libra partners.
COTW: @nic__carter’s epic Unpopular Bitcoin opinions
And here we are! Week 52. Check back for the link but here’s the preview: It’s all about Algorand, FATF, and, of course, how the world changes with Libra.
And - oh yeah! $10k+ Bitcoin for the one year anniversary!
In all seriousness, when I started the market was settling into a bear market. Now it feels something like the opposite.
The question for all of us is what we want this bull to mean? Right now, in this moment, is the time to remind ourselves why we’re here, and what we want to drive this space towards.
One thing's for sure.
Keep producing great threads, great essays, great pods and videos - and I'll make sure it has a home here.
THANKS FOR READING!
...and sign up to get LRS via email here: getrevue.co/profile/nlw