![]() ![]() Major brands, largely unconcerned with financial regulations, continue to explore crypto avenues. Blackrock, Fidelity, and all the other big TradFi players have just signaled to the powers-that-be to cool their jets. ![]() Ripple just told Gary Gensler to sit down. Like every freshman in college or every pledge of a fraternity, we just have to make it to the other side. This current phase of crypto shouldn’t be considered as “the nation-state attack on crypto” but instead “the nation-state hazing of a disruptive technology”. Every blow that the anti-crypto regulators and legislators throw at us will ultimately be walked back by the power of the free market. History is ultimately defined by the arc of technology. The banks will try and choke us.Īnd Ethereum will produce the next block. Gary Gensler will tell us to come in and register. It can only last so long.Ĭrypto is an unstoppable force, and the Nation-State is not an immovable object. All we have to do is wait until the hazing is over. “Becoming mainstream” means that crypto makes it through these regulatory trials.ĭon’t be scared. In order for the biggest players to be able to play in Web3, they need assurances that the Nation-State and its monopoly on violence actually allows them to do so. As an industry based around money and finance, we cannot just waltz into mainstream acceptance without going through the trails of regulatory acceptance. Let’s dive in! On regulation and institutional approvalĬrypto is going through its largest regulatory battles ever. I am simply connecting some dots across the crypto landscape that point towards a new phase of crypto after this bear market is concluded. It’s been stated before, and I don’t intend to make a clear convicted prediction about this. ![]() “The next cycle is going to be the last one” is kind of a meme-statement in crypto-land. If you look closely, there a handful of signs pointing towards crypto entering its last market cycle, before finally exiting its developmental phase and entering into it’s long-term era of maturity, stability, and growth. Is crypto entering its last market cycle before its mature era begins?įor today's column, David Hoffman makes the case that crypto will always have a Wild West, yet there are signs all around us that the ecosystem is trending toward being more dependable and safer. ![]()
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