Empire Hivemind: Crypto Is Dead with Dougie DeLuca
9 snips
Dec 18, 2025 Dougie DeLuca, a crypto investor and writer behind the viral essay 'Crypto Is Dead', discusses the evolving crypto landscape. He explores why current market sentiment is grim and identifies three areas with proven product-market fit. Dougie emphasizes the importance of mainstream adoption, arguing for the blending of crypto into everyday products. He also highlights the shift from decentralized ideals to more pragmatic approaches and shares insights on how to navigate investments as the industry matures.
AI Snips
Chapters
Transcript
Episode notes
Crypto Moves From Tribe To Tool
- Crypto will stop being an insular culture and merge into mainstream product development.
- Builders will win by solving real problems for everyday users, not by catering only to crypto natives.
Institutions Change The Game
- Institutional and enterprise on-chain participation makes this cycle different from prior ones.
- Outside pressure will force crypto-native startups to bridge to the broader world or be left behind.
From Imagination To Reality
- The market passed from an 'imagination' to a 'post-imagination' phase where reality reduced grand narratives.
- Price declines are symptoms of lost conviction as investors compare crypto to booming narratives like AI.