12/ BTC dominance sees an uptick. $ETH 2.0 phase 0 hype starts picking up around November/December and continues to take market share. You didn’t think the DeFi sector wouldn’t
13/ accrue value to $ETH did you? ETH/BTC already bottomed twice at .020 ETH/BTC and will continue trending up, likely reaching 0.070+ once fomo starts really hitting in. Profits then go back into the bigger and prominent DeFi coins with real usage.
14/ This is the golden, fabled bull-run that continues for 24-36 months, with a notable drops, but overall the trend will be upwards. This is a multi-trillion dollar market and 1 or 2 coins will be trillion dollar caps. So what does the future look like?
15/ You will be able to buy a synthetic AAPL share, immediately swap it for an equal amount of synthetic gold. Sell half the gold to your friend Chester and have smart contracts trigger a wire from his bank account to yours.
16/ Then you can go to 7/11 ( you do go to 7/11, right) scan your QR code and withdraw $200 from the cashier using your stablecoin balance, which is accruing optimized interest using @iearnfinacnce (subtle shill). Powered by @chainlink oracles, secured by $ETH.
17/ DeFi is still primarily concentrated by degens that have stuck it through the bear market. True institutional players haven’t entered yet. Even large BTC holders haven’t even heard of DeFi. @chamath is one of the largest BTC holders, and as of June he hadn’t even
18/ heard of it. That’s how early this is. Think about that. $BTC market dominance will be in the 35-45% range with a multi trillion dollar marketcap. BTC maximalists will be in disbelief. It’s just a dip right?
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