It's due to the fact that people see (and use) this industry as a gamblers markets.
In reality, a huge part and use case of crypto (whether we like it or not) is indeed being a gamblers market.
But it also goes way beyond that an people are slowly forgetting to see it.
TradFi can benefit enormously from Web3 use cases (which is already happening under the radar as we speak) including the endless possibilities with tokenization of real world assets (making things cheaper and easier to trade and scale than ever before).
A huge part of the world sees this industry as a scam (which is understandable as a part of this industry is also a gamblers market).
But someone that has been here long enough and seen the entire ins and outs of the industry would be a complete fool (sorry for my language) to say the same.
It's also the main reason why I'm staying here.
I often get praised for not getting burned out here in this industry and how I keep the same motivation and energy as well.
It's because I look beyond.
Focus less on the bad in here but more on the good.
Feels like CT has bear market PTSD and has forgotten how to dream.
Since 2017 ATH market cap of $0.5T, crypto is now a $3.3T industry.
Excluding BTC, it's just $1.3T.
You think this is where we stop growing?
Consider that Tesla alone is a $1T company, Apple $3T and NVIDIA at $3.5T....
....there's so much more upside for crypto and catalysts are lining up.
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I believe this bull run consists of two major parts:
First, BTC outperformed due to external to crypto (macro) tailwinds: ETF, world uncertainty, USD debasement etc. Saylor buying, too.
BTC is a the only macro crypto asset.
Now, we're ready for the second stage: our internally built innovation is being adopted by TradFi and the wider world.
Thanks to regulatory clarity, Paypal, Stripe, Visa/Mastercard entering crypto payments, blockchains finally scaling etc.
We're finally reaching escape velocity, liberating us from the same money recycling Ponzi games that create no value to the 'real' world.
Protocols that manage to offer value to that external world, will flourish:
It starts with blockchains themselves: Solana, Tron, Ethereum being used by Tradfi for RWA & stablecoins.
Then TradFi will adopt our smart contract platforms like Aave, Uniswap, and crypto wallets (already happening).
Seeing growth of the industry more investors will want to get exposure to crypto beyond BTC, hopefully buying value adding tokens.
TradFi already got a taste of crypto with BTC, and now they see CRCL successful IPO with more IPOs to come.
As they get more comfortable with crypto and regulatory clarity is here, the TradFi and crypto worlds will get closer and closer.
In which scenario crypto stops growing from this point onwards?
At $1.3T altcoin market cap, the upside potential is HUGE.
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