6) Crypto-credit: blocking the value
The greatest blessing cryptography In 2020 there was an explosion markets in credit cryptography.
services centralized and directed retail retail (BlockFi), creditors institutional (Genesis, BitGo and Galaxy) and protocols in loan DeFi (compoundAave eta author) had an extraordinary year and helped build more liquidity and stability (in the long run) hyper-volatile crypto markets.
At the same time, they have helped to direct the use of the new applications they require stable coins as a basis, lower price differences (“spreads”) And a few price changes platforms.
Most importantly, credit kept assets locked in the cryptoeconomy, away from tax collectors.
How Crypto Loans Work
in the decentralized finance (DeFi) sector?
In the past, you had a big expense, like paying for a new one House or the payment of student loans, and you wanted to finance that payment with cryptocurrency income, you would have a high capital gains tax and you would lose the benefits of the portfolio.
Today, things are different. It is reasonable (if not intelligent) to get over-secured loans with healthy safety margins to pay for one-off expenses like a new home.
Availability of secured credit block chainIn both DeFi and centralized services, it could significantly reduce sales pressure in the next bull market. This is worth it investors retail and institutional.
A shock due to cascading settlements is always an apocalyptic context, but it feels like a danger that will happen for a long time to come, not now. The mature cryptocurrency market is likely to become the most liquid bull market to date.
7) Synthetic: everything about accessibility
Grayscale trend. Bitcoin ETF. A “Wealthfront” for DeF. Wraped assets. Forecast Markets. digital actions. “Values” of cryptocurrencies.. Index Funds in the Blockchain. Autonomous organizations decentralized (DAOs). Programmable financial assets.
Every financial asset you can think of will one day be linked to crypto, and synthetic assets show how this transition will happen much sooner than you want.
8) Infrastructure: defragmentation of cryptographic exchanges
brokers they are the largest in the crypto industry. They make a lot of money, they have a relationship with all the users and they are always involved in everything. Trading (duh), surveillance, loan, bet, research and data, governance, venture capital.
They also ask us questions how “decentralized” the cryptocurrency really is.
However, users have more power than they think. There may be high costs of transferring funds from major exchanges, but this is still common. It’s so much easier than switching banks!
Such a large volume of capital from large intermediaries BitMEX, OKEx and Binance – It has happened in recent months due to regulatory fears.
2020, the money came out of the brokerage box and went to qualified caregivers, managers funds and mobile wallets while trade volumes migrated from centralized brokers (modest). main brokers and DeFi markets.
It highlights how the real value of cryptographic “exchange” can be in data, surveillance, and major brokers.
Crypto has slowly begun to defragment trading giants as their spreads slow down. Reliable crypto-economy interfaces will be important with large application books and even casinos with up to a hundred times the leverage.
just ask poloniex and Bittrex.
A, and if the Central Counterparty (CCP) can ask OKEx to stop withdrawalsDepartment of Justice USA (DOJ) may affect customer deposits download 50% in BitMEX is one Forbes article Binance can be terrifying file a defamation suitWould it be so difficult to question the inevitable mega-exchanges as related parts of cryptography?
We will look at exchange deposits as a percentage of the overall capitalization of the crypto market, a sign that their dominance is declining.
Don’t get me wrong, these exchanges are going to be even more aggressive with non-organic expansions as their revenues go beyond trade quotas.
9) Web 3.0 and NFTs: the economy of digital resources
In October, the long-awaited one decentralized filecoin storage network was launched, despite last-minute problems some questionable economics questions.
Other storage solutions (sia, History, arweave) were also launched, such as decentralized network tools orchid (VPNak), live (video transcoding) and Helium (Internet of Things networks).
These decentralized hardware markets are the most important infrastructure networks we need to ensure Internet it will be open in the coming years.
It’s more than money and DeFi.
Web3 platforms open the door the universe of original digital assetslike game items and digital art in virtual reality in metaverse; new content and data and DNS licenses without censorship; as well as uncensored bridges, such as for traditional asset markets insurance and titles properties.
We buy thesis that “It is likely that almost all types of NFTs created so far will gain strength”And Web3 platforms open the door to an original digital future.
O bitcoin and autonomous contract platforms they are the gateways to a decentralized financial system, but Web3 networks and NFTs are the real foundations of a more open internet.
10) “Main”: the path to the network state
Authorities ignored bitcoin because of its volatility.
The rise and fall of the market was a simulation: Bitcoin is falling into a false sense of security in regulators – this “fashion” is finally dead and not worth the effort to regulate. It’s not something that can threaten your currency monopoly!
With a market capitalization of $ 500 billion and billions it’s hard to ignore the dollar of annual transactions. Fortunately, big investors, lobbies and even more regulators (and now senators!) The system began to maneuver from within the United States.
We can call them “The Bitcoin Insurgency”. While Washington (Brussels, Tokyo, and other centers of power around the world) are practicing their magic, some of us need to start thinking about the last path: how to recreate a crypto-inspired nation-state.
Do you think this is crazy?
Crazy than an emerging economy $ 500 billion one was launched nickname creator in Halloween, 12 years ago?