Banks failing domestically and internationally dominated Q1’s headlines. With the 2nd and 3rd largest bank failures in US history and household international bank Credit Suisse going under, confidence is shaken in the banking/financial system. (Note: this Q1 “Thoughts” report is being published unintentionally late on May 3rd as First Republic failed May 1st and banks PacWest …
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On biases: You have seen/will continue to see prominent Venture Capitalists (VCs), Influencers, and Opportunists scream “bank run!” His interview on CNBC in March 2020 was one of the most disturbing displays of spreading fear for profit. “hell is coming.” + “going to zero… along with every other hotel company in the world.” Oil companies and …
2022 was a year of “bold” predictions and unfortunately we were 3/3 on bad ones (nailed 3/5 predictions). · Celsius being a Ponzi scheme · Terra (LUNA) + its stablecoin UST blowing up · Metaverse Tokens SAND + MANA going from ~$3.5B marketcaps to sub <$1B marketcaps But hey, we were happily right about another country adopting Bitcoin …
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IntroCrypto has been a necessity in corrupt and inflation ridden countries like Argentina, Nigeria, and Turkey for years. There is no longer a debate whether decentralized money is needed by individuals in western countries after Canada froze peaceful protestor’s bank accounts in February (whether the protests were right/wrong, reDeFi doesn’t know). There is no longer a debate …
The Good Predictions: Creator Economy Explodes The creator economy is where internet, social media, and “on chain” products intersect to create massive leverage for artists with large audiences via NFTs. NFTs unlock new revenue streams for creators, i.e., musicians selling special NFTs (digital art piece) to “premium ticket” purchasers who get to meet and get …
Continue reading “2022 Bold Predictions: The Good, The Bad, and The Underdog”
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