By 2027 crypto has reached over 2 billion users and surpassed $30 trillion in total market value. While I’d prefer to continue postulating on new use-cases and emerging behaviors this technology enables, the goal of this exercise has always been to project the most likely outcome given the priors. The excitement and novelty of new developments... See more

By the end of 2028 we haven’t quite recaptured the all-time highs of crypto market capitalization, but the relevance of this all-encompassing statistic has diminished. There’s now comfortably $20+ trillion of crypto assets, but more importantly the technology has penetrated so many verticals – albeit to varying degrees – that we no longer speak in... See more

Welcome to Bear Town (?) 🐻 My primary focus for @tangent_xyz is two things: 1) Investing and working with founders long term on the venture side, and 2) Spotting inflection points on the liquid side to help founders weather them... See more

On the brighter side, by this point BTC and ETH are solidified. Similar to how FAANG stocks performed during the overall stock market drawdown in 2022-23, BTC and ETH are now relentlessly bid by younger generations who control an increasing share of global wealth. A lot of the reflexivity in crypto prices is now muted – at least for these two large... See more

As is well-known in the crypto ecosystem, the economic interest in crypto comes in waves — we have already gone through two waves of this and are in the middle of a third one. However, all through this, the ecosystem has been maturing quietly and resolutely underneath all the hype and noise. As a result, the crypto opportunity has significantly... See more