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📺 ROLLUP: FIRST WEEK OF APRIL, 2022
April 8th, 2022
MARKET
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BITCOIN
REGULATION / TRADEFI / MISC
TAKES
Leading Bull Markets
Since genesis in 2015 Ethereum has led every bull market: 2017 - ICOs 2020 - DeFi 2021 - NFTs 2022 - MergeDecade Wealth
If you get into crypto to make life changing wealth overnight you'll probably fail. But if you get into crypto to make life changing wealth over a decade you'll probably succeed.Bitcoin Brainwashing
It means Bitcoin is fucked long-term, but OK, keep brain-washing people with ridiculous positive spins 💄🐷#bitcoin fees are at all-time lows. the craziest thing? fall 2021 was the first bull run not accompanied by a major spike in fees. how is that possible? what does it mean? here's a thread explaining the most confounding (and awesome) chart in bitcoin. (remember june 2021) https://t.co/gnWssTckX2Alex Thorn @intangiblecoinsNarratives
2021 narrative = Alt-L1s have solved blockchain scaling, ETH 2.0 is too little, too late 2022 narrative = Alt-L1s haven't been able to scale, most/all have structural issues, ETH 2.0 + rollups are the most viable to scale blockchains in the near term funny how things changeMobile vs Desktop
incredible to realize that web3 kinda *has* to be desktop-only to avoid extractive fees from app stores. we might look back and realize the success of mobile apps killed mobile apps because nobody can afford their taxes. apple is a state; web3 is an anti-state.Developer Value
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Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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