30 Nov 2022 15:04
I'm deep in the DeFi space, and the use cases for it are still strong.
Teams are still quietly building the infra of web3 on blockchain, while everyone is busy looking at FTX and "regulated" entities failing assuming that that is crypto. The issue is that investors lose confidence, it has created contagion and the macro is not looking good.
So when will it bounce back?
There are use cases for crypto in everything, the tech is amazing, incl. its use to reduce carbon emissions (We know how topical this is with ESG et al. kicking in)
https://www.aquaswitch.co.uk/blog/crypto-emissions/
Let me know your thoughts.