Dan Romero on Warpcast

Dan Romero pfp

In case you’re wondering what my crypto market astrology is telling me. 1. Bitcoin is the most likely reason the whole market takes off. 2. Seems likely to happen after the current economic chaos (the administration seems determined to force the Fed to cut rates). 3. Independently, crypto legislation seems likely to pass before the midterms. Most likely to benefit from legislation is stablecoins, but still decent chance for security-commodity spectrum for digital assets framework, ie when does something become sufficiently decentralized. 4. The biggest unknown is where are the apps and will they drive use adoption. Stablecoins are mostly infra and would expect the biggest winners to be incumbents with large existing user bases. But there’s clearly opportunities for break out, novel consumer apps that can onboard users to crypto—either explicitly or (more likely) as crypto under the hood.

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Vlady🎩 pfp

you created now tokens in clanker?

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Garance pfp

https://warpcast.com/dwr.eth/0xf8918f7b

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Erik pfp

polymarket and farcaster by far the two consumer apps i’m using most

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Ramsey 🎩🤝 pfp

Ramsey 🎩🤝

All solid points. I keep coming back to the notion that markets (both traditional as well as crypto) don't generally like uncertainty. And uncertainty now is caused by the fact there's still a horse loose in the hospital. Reference: https://www.youtube.com/watch?v=JhkZMxgPxXU

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Kenji pfp

Crypto legislation for the US will be huge. Most has been stifled with that. If US passes crypto law, my gut feeling is Japan will take a leaf out of US's book and will be doing catch up to get some decent crypto law in Japan as well... as currently it's crippling and promotes no home grown crypto growth. Having two of the top 5 economies being more crypto friendly should help a run. Also, the groundwork of what people are doing in the cryptosphere of simplifying crypto for the masses should help onboard users... examples such as Bankr's common language trading and Warplet's easy wallet integration. World leaders running meme coins however probably did more damage than good though...

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Rob Sanchez pfp

what do you think about ETH the asset?

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meta-david 💥| Building Scoop3 pfp

meta-david 💥| Building Scoop3

I hope you’re right…

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Pope Tomato II pfp

Speaking of astrology, how do you feel about the 4 year crypto cycle? If it holds, we're due for a massive pump this fall, followed by an epic crash around the end of the year.

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Alexander C. Kaufman pfp

Alexander C. Kaufman

What would the legislation do?

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Je$$yFries 🙂‍↔️🍟💕 pfp

Je$$yFries 🙂‍↔️🍟💕

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Sam pfp

It is beginning era for the crypto ecosystem to onboard the new customers.

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Aniketh pfp

Why do you think bitcoin will still be the most likely reason market takes off? We already have seen bullish news and in favour of bitcoin from us and big markets still it goes down. What is the exact thesis behind the first point?

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I'm Darmian The Starceed pfp

I'm Darmian The Starceed

For the last sentence, what are your thoughts on decentralized physical infrastructure? Does it align with the novel consumer apps you are referring to?

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Nelson 🔵 pfp

@jimborrowinson

To effectively reduce the rates, it is crucial to first address inflation. Unfortunately, the current circumstances seem to be the reverse. The draft of the stablecoin act is quite unfavorable for stablecoins as a whole.

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Crypto Taboo Intern pfp

Crypto Taboo Intern

@cryptotabooteam

BTC will move first but real adoption hinges on apps, not assets.

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Mangal pfp

I don't know But what happen to eth man This thing disappointed me most

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terricola pfp

high fear, good times to accumulate

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Jialin 🎩 pfp

how about farcaster?

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