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.
I never said a single project will be the only winner. I said the *biggest* winner among them will be winner-take-most.
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70-20-6–2-1-1 type distribution
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I’m not disagreeing with that. I can already see that with ETH and BTC. You said only stablecoins can go 1000X and I think you’ll be wrong. We’re on the road to $4T and more. There’s no way only stablecoins go that high.
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I never said “only” Stablecoins can do 1000x. I think the Privacy coin winner can also do 1000x. Bitcoin could go 200x. But oracles and DEX will not. The adressable market size isn’t as big as “Money” or a Stores of Value.
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Alright. Let’s see if ZRX hits $49. It’s $2 now.
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That’s 25x. Aren’t we talking about 1000x?
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The ICO price was $0.049.
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Aren’t we talking about 1000x “from today’s levels”?
End of conversation
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