The next 1000X crypto probably won’t be a dApp platform, just like the next Bitcoin wasn’t another cryptocurrency. My thesis is that it’s one of these categories - 1. Stablecoins 2. Oracles 3. Interoperability 4. DEX protocols. Luckily unlike VC, crypto needs are more obvious.
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Replying to @peterhaymond
Stablecoins can go 1000x Oracles, Interoperability, DEX cannot go 1000x. It's not possible. Only a Store of Value can go 1000x
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Replying to @MustStopMurad @peterhaymond
@MustStopMurad can you explain (or point to something that explains) how a stablecoin pegged to USD can appreciate at all against USD (unless it breaks peg)? Isnt 1mm “invested” in USDT at inception still worth 1mm USD today which is actually a testament to its success (thus far)1 reply 0 retweets 0 likes
Replying to @CommonSats @peterhaymond
Many upcoming stablecoins (Basis, Carbon, Fragments) have shares as well, when demand goes up, these shares pay you new stablecoins
6:26 AM - 6 May 2018
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