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IMPORTANT: Announcing Blockworks’ Latest Podcast, 0xResearch
Forward Guidance
Investing in Stablecoins in a Bear Market
Samuel: I think we've lost a lot of institutional like capital just because bond yields are so high right now. It's not really worth taking the smart contract risk, the custody risk to deposit into these stable forms if you're making less than you would on the ten year. And then I also think another key differentiator in a bear market for crypto versus equities, let's say, is there's always a narrative like, for example, there's this one perpetuals platform that lets you speculate on forex. If there's something to speculate on in crypto, it will be speculated on. So I think there's always an opportunity to make money, but yeah.
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