(This is a six-minute read) Bitcoin, Ethereum, Solana, Avalanche–these are some of the best known ‘Layer One’ blockchains that exist in the crypto space. But what makes these Layer One protocols (L1s) different from each other? L1s are base-layer blockchain networks that can validate and/or finalize transactions without needing another cryptographic network. Some are simple… Continue reading How We Think About Layer One Blockchains￼
Every crypto bull market creates a new wave of crypto-optimists, while every bear market creates a new wave of skeptics. I’ve seen the skeptics out in force in recent months, and the typical arguments are all over the place: There are no meaningful use cases for crypto The existing use cases don’t present notable improvements… Continue reading Crypto Utopia: How Can Crypto Get to a $50 Trillion Market Cap?￼
Given nasty, horrible market conditions, today’s newsletter will discuss the exact opposite of euphoria: the crypto bottom. While crypto markets today are depressed for a lot of reasons, we’re not going to be discussing exactly why crypto is down, instead focusing on what a future bottoming out of markets might look or feel like. We’ll also take a… Continue reading What Does a Crypto Market Bottom Look Like?
(This is a four-minute read) Inflation is the core mechanic in a bear market. Even though crypto has onboarded millions as refugee asset from inflationary money-printing regimes, crypto’s dirty secret is that the entire industry is based on inflation–the steady release of new tokens on the market to incentivize growth. While Bitcoin is advertised as… Continue reading Crypto’s Dirty Secret
“The Merge,” Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) is coming soon with a launch in Q2 of 2022. While other protocols and products in cryptocurrency have been able to iterate and come out with new exciting features quickly, Ethereum has been steadfast and deliberate in its slow progress towards a sustainable and scalable… Continue reading Ethereum’s ‘Merge’ is Coming: Here’s What You Need to Know
At Crypto Pragmatist, we write in a data-backed way, trying to gain insight into the future from past price action, fundamental changes, and news events. While this data helps us make guesses at the future, these ideas are anchored in the past. Look at articles from this year like: Do Altcoins Really Pump After Big… Continue reading Our Crypto Predictions for 2022￼
At Crypto Pragmatist, we’re still pretty NFT-skeptical. Although there’s obviously value in having some type of immutable record of digital ownership, the current paradigm of fluffy cats and Bored Ape Yacht Club profile pics doesn’t seem to be particularly revolutionary, although we can’t really knock the artwork or the speculators who’ve made money off the… Continue reading NFTs for NFT Skeptics
AN UPDATE ON THE SOLIDLY WARS. Featuring ve(3,3), $SOLID, @AndreCronjeTech, and more. If you’re not caught up already, the thread below is a basic (but outdated) primer on Solidly, originally known as ve(3,3): So how have the Solidly Wars played out? The below table is what I used to inform my trading strategy. It shows… Continue reading An Update on the Solidly Wars
With the recent downtrend in crypto markets, it’s a helpful exercise to step back and observe things other than price. How is value in crypto created? Where does it originate? We can learn a lot about crypto from going straight to the source: the developers that create these systems and networks. The developer activity in… Continue reading What do Crypto Developers Know that We Don’t?
Regulation is one of the biggest question marks facing cryptocurrency. Complex, opaque, and oftentimes non-existent, regulation is frustrating for consumers, crypto entrepreneurs, and even lawmakers themselves. Globally, we see regulatory landscapes differ dramatically. In general, the European Union has extremely favorable tax laws for both crypto businesses and crypto trading, making it a paradise for… Continue reading Everything You Need to Know About Crypto Regulation