Thread by @MessariCrypto

The Messari AMA is live on Crowdcast!

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Tune in now, or if you can't we'll be live-tweeting the highlights below 👇

"In DeFi, many assets are equity-like ... so you can look at almost any metrics you look at for a business - revenues, margins, etc. but you also you have to look at crypto native things, like community." - @RyanWatkins_

crowdcast.io/e/messari-ama

“When you look at the dominance of ETH, it decreased from 90% to 75%. What’s interesting here is other chains are continuously being developed … so I think in the long run we might see side chains that take away from ETH’s dominance” - @RobertoTalamas

crowdcast.io/e/messari-ama

“It’s important to note how much of TVL is incentivized, because if people are putting their money in purely for the reward, that doesn’t reflect the value of the protocol itself” - @masonnystrom

crowdcast.io/e/messari-ama

“Art belongs in an investor’s portfolio and NFTs definitely belongs in an investor's portfolio too. But I would caution against putting money into just any NFT, because not everything holds the same value.” - @masonnystrom

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“Despite all its flaws, people are really entrusting their wealth to smart contracts and that’s a big part of it. People are storing $150B in code, which should not be ignored.” - @RyanWatkins_

crowdcast.io/e/messari-ama

“I am pretty excited for the sports applications of crypto, because that’s something that has a lot of 'unrelenting fans' who will do anything to speculate on their passions. When you develop games on those applications, that can be incredibly powerful” - @masonnystrom

“For me, it’s more likely that the US will embrace projects like USDC because it proliferates the dollar around the world. It’s easily surveilled and it’s easily controlled” - @RyanWatkins_

crowdcast.io/e/messari-ama

“In terms of politics, it’s about how it’s positioned among politicians. The biggest risks in $BTC are sthe environmental aspects and potentially Bitcoin being politicized as a product of a certain ideology. People will be antagonistic toward it for that reason.” - @RyanWatkins_

That's all for today, folks! You can view the full recording of the livestream at the link, but thank you to all who took the time to tune in today!

Our next Crowdcast event will focus on scaling and will take place on August 31st at 12PM EST!👇
crowdcast.io/e/crypto-scales