As crypto becomes mainstream, regulation is coming. A united industry that has thought deeply about coordination and scaling issues, and has developed sophisticated institutions that can engage with existing structures will be invaluable. Institutions could support growth, innovation and help to bring crypto mainstream in a way that retains the... See more

The bull case for Solana, Monad, BSC, Tron, etc., is that a much lesser degree of decentralization provides sufficiently strong property rights for most users and applications. I tend to believe that in the medium-term, censorship, asset seizure, KYC/AML regulations, and validator coercion will call into question the robustness of centralized... See more