Gm,
It was a game of chicken last week on Crypto Not-Twitter. Some refused to be part of the new group of frens, while others first hype things up and then chicken out.
Here’s the entire who’s who of Crypto Twitter chickens…
Whose Threads Are A Must-Read?
A juicy thread section last week with several interesting topics. Honest DeFi farmer Taiki Maeda joined the ranks of those arguing that DeFi is in the early stages of a bull market:
He says the tokenization of securities, aka real-world assets, will drive the next DeFi hype cycle. Fingers crossed that he’s right.
Read also: Real-World Assets (RWA): Bridging the Gap Between DeFi and TradFi
One mildly bullish indicator for Taiki’s thesis could be that big companies still are dabbling in crypto. Such as Visa using Ethereum for crypto research, as this thread explains:
Basically Visa is looking at a way for crypto users to pay for transactions with their card only, leveraging account abstraction. Big if true because it would finally make onboarding normie-friendly.
Read also: How Does Account Abstraction Work? An Introduction to ERC-4337
Another thing normies love is gambling, otherwise known as crypto’s best use case. The GambleFi narrative has really taken off over the last few weeks, so this thread with an overview of the hottest GambleFi projects comes right on cue:
Read also: Decentralized Casinos: The Crypto GambleFi Narrative
Despite the persistent crab market that crypto is going through, there have been plenty of narratives doing multiples. But if you still haven’t made it, this is a great thread about how crypto skews the perception of money:
People can lose sight of the bigger picture when they hear success stories of others in the space. But it’s important to keep in mind that patience and perseverance are the keys to making it.
Read also: The Complete Guide to Crypto Portfolio Management
Last but not least, here’s a thread with a Telegram toolkit for crypto research. Everything you need to make it:
Read also: What Is Unibot? Rise of Telegram Bots
Wisdom Of The Week
Overall, this is the game plan for the next 12-24 months:
Elon Building X
The Elon vs Zuck fight may totally become the gladiator deathmatch of our time:
Or it could just be Elon’s biggest psyop to keep users on his app. Cause Zuck thinks he’s a chicken (but so does Elon of Zuck):
When two chickens are fighting (or not), we have to call in a duck as the arbiter:
Alright, on to more serious stuff…
Talk of the Town
Maybe we need a new, a better stablecoin. A hero like Paypal’s new stablecoin:
But wait before you foam at the mouth. Let’s remember that other stables are just as decentralized-until-they-are-not:
The decision over the Bitcoin spot ETF was predictably delayed last week. But that doesn’t make anyone less bullish. It’s a matter of wen not if:
And you know who will be watching the decision from behind prison bars?
Everyone’s favorite scapegoat: SBF.
Jonah Hill’s next big role was sent to jail for leaking Caroline’s diary, otherwise known as tampering with evidence:
If you want to pay Sam a visit, this is his new location tag:
One more big talking point of last week was the launch of Friend.Tech, the rehashed version of Bitclout on Base. No fren of Crypto Twitter missed the chance to ape into the latest crypto fad, but not everyone was impressed:
Maybe ChainlinkGod just did not perfect the art of aping in properly, because plenty of other influenza frens are cashing in:
Last but not least – Nassim Taleb is hating on Bitcoin. Again. Presented without comment:
Memes
Is Sam going to make it in jail?
Who knows, but his last speed dial fren Tiffany Fong thinks he may be in for a hard time:
Let’s see how long Bitcoin continues to play chicken with the 29K mark. See you all next week!
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