The Future of Bitcoin

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

I think it'll probably be two more cycles before we see a flipping, but I do think it'll happen eventually. And mainly it just stems from like they're tackling really two different problems. Bitcoin is trying to solve with a predictable monetary supply. So even in a world where we did see hyper inflation of the US dollar, I think that the on and off ramps to crypto would be shut off.

In today's episode, we revisit our 2023 predictions and make new predictions for 2H 2023. Tune in to find out why you should watch alts on Base, how ETH could flip BTC, DeFi's next big narrative and why Circle will eat your favorite bridge's lunch. And as always, we start with our hot seat/cool throne segment where we discuss OP unlocks, Moonpay's crash, the Celestia/Noble partnership and how MakerDAO's DSR could impact DeFi borrowing rates.

- -

Timestamps:

(00:00) Introduction

(00:38) Hot Seat/Cool Throne

(24:31) The Atom Accelerator Promo

(26:08) 2H 2023 Predictions

(26:58) Prediction #1: Base’s Alts Will Outperform

(36:11) Prediction #2: ETH Will Flip BTC

(48:13) Prediction #3: LSTFi Will Be THE Narrative

(1:01:24) Prediction #4: CCTP Will Eat Crypto’s Bridges

- -

Follow Sam: https://twitter.com/swmartin19

Follow Dan: https://twitter.com/smyyguy

Follow Purplepill: https://twitter.com/purplepill3m

Follow Westie: https://twitter.com/WestieCapital

Follow Blockworks Research: https://twitter.com/blockworksres

Subscribe on YouTube: https://bit.ly/3foDS38

Subscribe on Apple: https://apple.co/3SNhUEt

Subscribe on Spotify: https://spoti.fi/3NlP1hA

Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/

- -

Today’s episode is brought to you by the Atom Accelerator, now offering grants to build out the ATOM economic zone! It's the perfect time to build with Cosmos and join the thriving ATOM ecosystem. With Interchain Security live, and the power of IBC connecting the interchain, builders are flocking to Cosmos. Join the ranks of Neutron, Lido, Astroport, Gitcoin, Mars and numerous other projects harnessing Cosmos’ leading infrastructure. Discover how to secure a grant from the Atom Accelerator by visiting https://www.atomaccelerator.com/ today!

- -

Resources:

2022 Mount Rushmore & 2023 Predictions (0xResearch)

https://spoti.fi/3q9vI3x

Dan's The Flippening Twitter thread

https://twitter.com/smyyguy/status/1612866619981856769

Bitcoin Miner revenue chart

https://dune.com/smyyguy/bitcoin-asset-profile

Dan's LSD DEX Volume Analysis

https://flipsidecrypto.xyz/dan-smith/lsd-dex-volume-analysis-OmebEt

CCTP Twitter thread

https://twitter.com/blockworksres/status/1663577685656997888

- -

Check out Blockworks Research today! Research, data, governance, tokenomics, and models – now, all in one place

Blockworks Research: https://www.blockworksresearch.com/

Free Daily Newsletter: https://blockworks.co/newsletter

- -

Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.