jakiro
author:Rocky Source: X,@Rocky_bitcoin
In the past two days, Coinbase continuously recommended CBBTC, which has become a hot topic for many investors.In this regard, I have the following points:
1. Core issues in the encryption market: Insufficient funds for incremental funds
At present, the core issue of the encrypted market is that the incremental funds are insufficient, the existing game is severe, and the global financial market liquidity is poor.Especially after Japan’s interest rate hike incident, the liquidity problem is more prominent.Now, everyone generally points to VC coins and high -FDV -circulating projects. In the final analysis, it is because there are less “living money” in the market.
From a historical point of view, the first two rounds of bull markets (2015-2017 and 2019-2021) have benefited from a specific economic background.From 2015 to 2017, the monetization of China’s shed reform triggered asset shortage. P2P, film and television investment, postal cards, ICO and other projects came into being.From 2019 to 2021, the global epidemic caused a large water release, and helicopters sprinkled money, which led to soaring asset prices such as US stocks, commodities and cryptocurrencies.
Although this round of bull market has the support of China’s 3 trillion special government bonds and 85%of global sovereign countries, these measures are like drinking thirst, and they still have not brought enough live water.Essence
2. Anxiety of institutional funds: more urgent than us
At present, institutional investors are more anxious than us.When incremental funds cannot quickly fill the market, everyone is selling the idea of depositing funds.The largest deposit in the current market is the precipitation funds of BTC, which is worth $ 1.14 trillion (based on the market today).Although there are many decentralized BTC ecological construction, these ecology cannot show a scale effect, and the core issue is still trust.
With Coinbase as a brand endorsement, and packaging BTC on the Base Chain, it can actually improve trust soon.Imagine that if you hold a BTC of $ 10 million, it is basically no benefit; if you give you a 3%-5%annualized return, it will generate a $ 30,000-500,000 coin per year, and CoinBaseProviding hosting and guarantee services will undoubtedly attract a lot of funds to enter.As long as 10%-20%of funds are released, the scale will reach 100 billion or more, which will inevitably bring vitality to the market.
At present, the number of BTC held by Coinbase is 859,000, worth about 50 billion US dollars.As the number of hosting funds increase, the number is still increasing.The establishment of trust often depends on the acquiescence and recognition of institutional investors.
3. The future of web3: cannot be reduced to pure investment attributes
#Web3 should not be a tool for simply investment and speculation.At present, the total market value of the encrypted market is only $ 214 trillion, which is only higher than Amazon’s stock market value, but it is lower than Nvidia’s market value.Frankly speaking, cryptocurrencies may be just an investment product in the US securities market.
As an idealist, I think#web3 is the greatest paradigm revolution after#web2.AI is a spear of new productive forces, and#web3 is the shield of new production relations. The combination of the two can gain advantages in the future economic structure.Just as in the#web2 era, the digital world and traditional life have been profoundly reconstructed.#Web3 will be like#web2, which is deeply related to our lives.
However, the current#web3 has worried many VCs and idealists.The current#web3 is more about speculative speculation information, lacks the sound of change, the spirit of innovation, and the attitude of long -term cultivation.Today, institutional investors have weakened their interest in#web3 investment and the decline in fundraising.
The phenomenon of inferior coins expel good coins is becoming a concern for all colleagues.Just like a few days ago @Pumpdotfun, during the Space of Musk and Trump, tens of thousands of MEME coins were released within 3 hours. This short and fast trendy trend was very terrible.
4. Looking forward to the future: revitalize the stock funds, reshape web3
Finally, I look forward to the revitalization of stock funds through a centralized exchange, whether it is #CBBTC, or #cbgold, or other new #RWA derivative innovations in the future.The revitalization of funds is currently the biggest contradiction in#web3. Having seizing this main contradiction, other problems will be solved.
At the same time, I actively called for institutional investors with the idealist spirit to firmly grasp the indispensable industrial paradigm revolution in the#web3 as the indispensable industrial paradigm in human life in the new AI era.In the future, we will eventually see great companies and projects similar to the#web2 era, such as Tencent, Google, Amazon, etc. in the field of#web3, which is closely linked to human daily life and is inseparable.At that moment, we will be pleased and proud of this belief and persistence now!
