Bankless David's Take: This is the Last Cycle
Aug 23, 2023
Is crypto nearing its final wild ride before entering a mature phase? The discussion dives into the promising signs of stability in the ecosystem, influenced by regulatory advancements. Strategies for thriving in the ongoing bull market take center stage, featuring essential tools for traders. The relationship between crypto and regulation is explored, highlighting the industry's resilience against challenges. Ultimately, the conversation emphasizes the evolving landscape, where maturity and compliance pave the way for a more secure and dependable crypto future.
AI Snips
Chapters
Transcript
Episode notes
Regulatory Hurdles
- Crypto is going through major regulatory battles, which is inevitable for mainstream acceptance.
- Mainstream players need assurance from nation-states to participate in Web3.
Protocol Maturity
- Many Web3 protocols are evolving into their final forms, with the endgame in sight.
- The next bull market will likely not be constrained by limits on scale.
Cost and Use Cases
- High Web3 costs limit use cases to high-value assets.
- Lower costs enable platforms to subsidize users, unlocking broader use cases.