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C/C #16 There is no turning back for crypto

C/C #16 There is no turning back for crypto

August 12, 2022

We noticed that always when we are going to send you our post bitcoin is falling. Sorry 🤷‍♂️

Crypto has now been with us forever - it is a fact. Congrats to all crypto haters and crypto believers. During the last DIP I noticed a lot of interesting things:

Crypto can be green and grow even without investments and promises from public investors and companies (Musk, Tesla etc.). I want to write this once again - we don’t need them.
Core team of crypto supporters is a large community and it is enough.
Crypto trading is still a casino.
We don’t need to use it for payments P2P but we are already using it in B2C payments and it is enough for me for now.

I can’t believe that I missed an opportunity to buy ETH for 1000$ per coin a few weeks ago, but I believe that believing is the best trading strategy in crypto, the only strategy when you can’t lose an opportunity to catch your own DIP.

So what's next? The Ethereum Merge in September will be the game changing event for the whole industry so since now probably you should invest in crypto coins with all your money (at least you will receive your $ back).

Curated Fact:

💸23.13$ billion ready to be placed on the market in the next few years from venture firms.

a16z: $7.6 billion, Paradigm: $2.5 billion, FTX Ventures: $2 billion, Haun Ventures: $ 1.5 billion, Hivemind: $1.5 billion, Animoca: $1.3 billion, Ribbit: $1.15 billion, Brevan Howard: $1 billion;
Sequoia Crypto: $600 million, Pantera: $600 million, Bain Crypto: $560 million, Variant: $560 million, Multicoin: $540 million, Binance Labs: $500 million, Framework Ventures: $ 400 million, Jump: $250 million, Polychain: $230 million, Dragonfly: $225 million, Electric Capital: $110 million;

Choose your fighter!

Curated Random:

In September we are going to continue doing this funny work.

Curated Spoiler:

Several richest cities in the world will create their own apps to show digital banners everywhere where it is possible for tourists (and owners of VR/AR helmets & glasses) who are traveling through the city in the real world. Shortly after this they will move their cities to Metaverse in 1:1 copy.