This is my personal statement on where we’re heading in our industry:
The industry has passed its early infancy stage when the word of decentralization was preached and made manifest as a core ethos.
Slowly, we’ve moved from a system where buying into ALT coins was your best bet to an industry where it’s net negative to buy into ALT coin except a quick long/short all because the market no longer thrives on demand and supply but on manipulation by exchanges and firms with top holdings.
We’re now morphing and the market is in search on what next to pursue as the next ‘meta’. We’re looking for what to respond to and we’re completely lost because narrative flow has stopped.
There’s a restructuring going on in our industry and the next wave yet to come will be extremely different from what we are used to and this subtly creeps in and reflects in narratives such as privacy.
Although I have not been a fan of privacy but in this case I can’t fight privacy and slowly privacy will tweak our space to not be any different from TradFi.
Due to this, opportunities will shrink and different opportunities will open but to a large extent it’ll be dependent on your skill-set hence; the skill set which you ought to expand and become better.
It’s going to get harder from here. Brace up.
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This is my personal statement on where we’re heading in our industry:
The industry has passed its early infancy stage when the word of decentralization was preached and made manifest as a core ethos.
Slowly, we’ve moved from a system where buying into ALT coins was your best bet to an industry where it’s net negative to buy into ALT coin except a quick long/short all because the market no longer thrives on demand and supply but on manipulation by exchanges and firms with top holdings.
We’re now morphing and the market is in search on what next to pursue as the next ‘meta’. We’re looking for what to respond to and we’re completely lost because narrative flow has stopped.
There’s a restructuring going on in our industry and the next wave yet to come will be extremely different from what we are used to and this subtly creeps in and reflects in narratives such as privacy.
Although I have not been a fan of privacy but in this case I can’t fight privacy and slowly privacy will tweak our space to not be any different from TradFi.
Due to this, opportunities will shrink and different opportunities will open but to a large extent it’ll be dependent on your skill-set hence; the skill set which you ought to expand and become better.
It’s going to get harder from here. Brace up.