- staking is mostly a meme to enrich VCs - institutions are going to build their own products on our open infra - digital asset treasury co's are just degens with more cash - fundamentals do indeed matter - inflation is way too high compared to security costs
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Painful lessons we learned this cycle:
- staking is mostly a meme to enrich VCs
- institutions are going to build their own products on our open infra
- digital asset treasury co's are just degens with more cash
- fundamentals do indeed matter
- inflation is way too high compared to security costs