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@vercelabloh
There will not be another crazy bull market. There will be blockchains in everything and billion dollar companies but crazy token appreciation is probably done. Thoughts?
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✳️ dcposch on daimo
@dcposch.eth
Depends what you mean by “crazy”. Each cycle has been less extreme than the previous one. That’s a very good thing. In the goal state, ether itself is a relatively stable non-inflationary asset
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✳️ dcposch on daimo
@dcposch.eth
Zooming out this is about legitimacy > longevity > monetary premium. In the year 2100 eth is either widely used, lindy, or it’s gone, a historical experiment. First case is worth $X and second is worth ~$0. Same with Bitcoin All the wild swings so far are a big prediction market on which one it will be
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