Crypto Transition From Speculators To Builders In Bear

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D J

¡4 years ago
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The Optimistic Narrative 😊 ⛓️ We are in a transition period for blockchain from speculators to “BUIDLers”. The bear market has washed out the speculators and tourists, creating a healthy ecosystem for builders of blockchain innovation. The largest opportunity is restoring the trust of the mainstream and showcasing this technology to solve the wants and needs of customers. ⚙️ The focus in 2023 from blockchain #vc will be on the durable use cases from the best founders. The “BUIDLers” are holding on for dear life ( HODL ) and building the legacy companies. ⏩ The next internet treasures will be built in 2023 and those companies will enter our lexicon as “verbs” - similar to how we “instagram”, “uber” and “airbnb” from the social web technologies and how we “google”, “craigslist” and “ebay” from the dot com era.
There's Less Money in Crypto, and That's a Good Thing
www.coindesk.com

There's Less Money in Crypto, and That's a Good Thing

Crypto’s boom and bust were driven by the same plague that has turned the entire finance industry into a shady casino. So it’s no tragedy if the speculators take a break in 2023.

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