- Many more chains (L1/L2) will be "go-to" chains
- Devs'll have hard time serving users
- Market'll get fragmented
🧵🪡 A thread
2/ Back in 2017 bull run, everything was either:
- Launching on ETH or
- Launching completely new chains
Smart contracts were nascent that every idea was a fluff. Promises were made but not much materialized. 🫠
Jul 6, 2022 • 12 tweets • 3 min read
1/12 A perk of being in the space for 8+ years (since 2013, buying my first ever $BTC on BTCe) is that I'm always bullish on crypto as a technology, even through extreme ups and downs.
And I always keep a long-term view of crypto I think will happen.
Here's my thesis, a 🧵🪡:
2/12 Market comes and goes in cycles.
This is somewhat cliché and something people have talked about a LOT, especially during a bear market. It's the ultimate copium used by most crypto veterans when things go south.