6min chapter

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IMPORTANT: Announcing Blockworks’ Latest Podcast, 0xResearch

Forward Guidance

CHAPTER

Cryptocurrency - What's the Future Look Like?

Stable coins are a very likely to be the most prominent use case of blockchains in like in terms of like daily life transactions. Most of the fall in tech stocks this year, I'm talking about the blue chips names, Apple, Microsoft, Google, we'll leave Facebook outside. The valuations have compressed because bond yields has risen. That's why some companies are not profitable now and that's why people buy back their own stock. But even if you count actual things that do cost money, it may not cost us dollars, but it does cost shares, which is a form of money.

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