Empire

Crypto in 2023: Predictions Episode

Dec 26, 2022

01:23:57

Episode guests

Mike

Mark

Highlights

AI Chapters

Episode notes

I Love Your Point About Composability Is Your Worst Enemy

02:42

The Cryptocurrency Bear Market Can't End Until Doge and Shiva Are Zero

01:31

Stablecoins Continue to Be the Most Exciting Use Case for Cryptocurrency Growth

04:51

Introduction

2min

The Story of Crypto, the Story of Macro

2min

I've Been Very Disappointed and Largely Caught Off Guard With FTX

2min

Is Crypto Going Away?

1min

The Banquet of Consequences

3min

I Think the Bottom Is in for Crypto but I Don't Think It's in for Equities

4min

Bitcoin and Crypto Prices Over the Next 12 Months

2min

The Second Caveat of Crypto Summer

2min

The Market Is Going to Be the King of Trading and the Market Will Be the New King of ETF's

4min

10.

Stablecoins Continue to Be the Most Exciting Use Case for Cryptocurrency Growth

5min

11.

I Don't Want to Shift All the Way to Sinister but I Got to Add Some Sinister

3min

12.

Central Bank Digital Currency Is Not Positive for Anything

2min

13.

Central Bank Digital Currency Is Not Positive for the Space

2min

14.

Is Uniswap Going to Be the Major Business Model for Dfi?

3min

15.

Is It Going to Be Mev in Extracting Uh Profits by Transactions?

2min

16.

I Think the Biggest Criticism of Dfi Tokens Is the Lack of Regulatory Uncertainty

2min

17.

Then There's a Token That Doesn't Exist

2min

18.

DeFi Yields Are Lower Than Treasuries

3min

19.

Are You a Teenager or a Nine-Year-Old?

2min

20.

I Love Your Point About Composability Is Your Worst Enemy

3min

21.

The Cryptocurrency Bear Market Can't End Until Doge and Shiva Are Zero

2min

22.

The Flippening of E Versus Bitcoin

2min

23.

Is Bickling in a Theory or Is It a Stacked Protocol Stack?

2min

24.

Bickling Is Going to Have to Break Its Hard Cap and Tail Emissions

2min

25.

Bitcoin Is the Only Money That Exists in the World

3min

26.

Bitcoin vs the Theory

2min

27.

Cryptocurrency Miners - Is There a Bitcoin Minor Capitulation?

3min

28.

I Think It's the End of the Hot Wallet

3min

29.

I Think It's the End of Paying for Bitcoin Minor

3min

30.

Cryptocurrency Wallets - What's to Stop Them From Building Their Own Chain?

2min

31.

Privacy Coins Privacy Tokens Privacy Protocols

3min

32.

I Think We're Gonna See a Rise of Skilled Labor in the Crypto Space

3min

33.

Your on Chain Activity Has Value

2min

34.

The Best Hour of My Week

2min

In today’s episode of Empire, we bring on Mike and Mark from On The Margin to discuss our 2023 crypto thesis. We debate predictions on the Wallet Wars, ETH vs Bitcoin, the rise of insurance, app-specific vertical integration, the adoption of CBDCs, Coinbase vs DEXs, MEV as a business model and more!

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Timestamps:

(00:00) Introduction

(02:14) Crypto’s 2022 Wrapped

(11:52) The Bottom is in for Crypto, not for Equities

(19:35) Kings of Spot & NFT Trading Will Lose Market Share

(22:44) Stablecoins, DeFi’s Resurgence and Permissioned Protocols

(28:02) Regulators are Coming, and the CBDC debate

(33:23) MEV will be the Business Model for DeFi & Exchanges

(42:05) No Industry Takes Off Without Insurance

(48:48) A Market Bottom & the Value of Memes

(52:36) ETH vs Bitcoin (spicy)

(1:03:34) Miner Capitulation, Wallet Wars & Gaming

(1:11:31) Vertical Integration, Privacy and Payments

(1:17:51) The Rise of Professional Guilds

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Follow Mark: https://twitter.com/MarkYusko

Follow Mike: https://twitter.com/MikeIppolito_

Follow Santi: https://twitter.com/santiagoroel

Follow Jason: https://twitter.com/JasonYanowitz

Empire links

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On The Margin links

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Disclaimer: Nothing said on Empire 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. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.

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