1/ Hypothesis: crypto has a "Bitcoin Bias": almost all thinking analyzes crypto networks as being much more like BTC than they are. As first mover, BTC is highly salient, and everyone in crypto either got rich from BTC, knows ppl who did, or wishes they got rich from BTC.
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5/ This not a diss of BTC, it is one of the 3 tokens I own, and by definition it's the one token that should be analyzed with a BTC bias! But it represents only a small part of the potential crypto space, from both a product and tech perspective.
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6/ Thus I believe that people are over-invested in things that seem like Bitcoin (look good in a BTC-biased analysis), and under-invested in things that seem unlike Bitcoin (look bad in a BTC-biased analysis).
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7/ Which means we can profit by thinking of crypto in non-BTC ways, and analyzing investments with less Bitcoin Bias than the crowd. Fin. Thoughts?
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