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ivangbi_

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I am a retard so please help me out on this one 🙏I don’t find most of this adoption to be bullish for “crypto” itself. Stablecoins bring TVL and volumes, but their users are gatekeeped on web2 interfaces - crypto is only there as technical rails. The capital of these users, despite the “adoption”, doesn’t actually get into crypto markets. Crypto is just in the background… as we wanted? These bigger numbers are great for DeFi though (lending protocols, DEXes, etc. = revenues will skyrocket), so I am very happy with my 2020 mental bet on DeFi (financially the bet has been shit though). However, the money of buyers is now going into “stocks that smell like crypto” instead. People gamble on those, not on altcoins. They gamble on similar risky products on web2 exchanges. UX is better there, the risk profile is similar, so why do crypto stuff and bother with it. The better case is coins becoming more like stocks and trading onchain (that gives trust back to buyers cc @TraderNoah @TheiaResearch) - while web2 interfaces serve as rails to buy these from the actual crypto markets. And not crypto companies going on traditional stock exchanges. How soon will most decent projects realize that web2 exchanges offer much more capital and peace of mind? They already have. So, how retarded was this? What gives?
I am a retard so please help me out on this one 🙏I don’t find most of this adoption to be bullish for “crypto” itself. Stablecoins bring TVL and volumes, but their users are gatekeeped on web2 interfaces - crypto is only there as technical rails. The capital of these users, despite the “adoption”, doesn’t actually get into crypto markets. Crypto is just in the background… as we wanted?

These bigger numbers are great for DeFi though (lending protocols, DEXes, etc. = revenues will skyrocket), so I am very happy with my 2020 mental bet on DeFi (financially the bet has been shit though). However, the money of buyers is now going into “stocks that smell like crypto” instead. People gamble on those, not on altcoins. They gamble on similar risky products on web2 exchanges. UX is better there, the risk profile is similar, so why do crypto stuff and bother with it.

The better case is coins becoming more like stocks and trading onchain (that gives trust back to buyers cc @TraderNoah @TheiaResearch) - while web2 interfaces serve as rails to buy these from the actual crypto markets. And not crypto companies going on traditional stock exchanges. How soon will most decent projects realize that web2 exchanges offer much more capital and peace of mind? They already have.

So, how retarded was this? What gives?
Does crypto space already have M&A shops selling pipe dream shovels to desperate overfunded institutions? Potential.
Does crypto space already have M&A shops selling pipe dream shovels to desperate overfunded institutions? Potential.
Ordered a new device from @Ledger, paid for it, then it got stuck at @DHLGlobal for days. They said they can't ship unless they are given a passport copy via unsecured email channels. Joke of a service, maybe you need the seed phrase via DMs? Absolutely retarded. Refund & gtfo.
Ordered a new device from @Ledger, paid for it, then it got stuck at @DHLGlobal for days. They said they can't ship unless they are given a passport copy via unsecured email channels. Joke of a service, maybe you need the seed phrase via DMs? Absolutely retarded. Refund & gtfo.
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