Content
@
1 reply
0 recast
2 reactions
Coop
@coopahtroopa.eth
As much as I want a major cycle to start in early 2024 - a lot of signs indicate that this won't happen until 2025 - L2s are too complicated - Smart wallets are not the default - Unclear what the main "meta" is - Normies don't care about the Halving New users (and liquidity) won't come onchain until these are solved.
8 replies
5 recasts
36 reactions
Mac Budkowski
@macbudkowski
I respectfully disagree here. L2s are already pretty simple (Base!) and are getting simpler (OP bridging). Embedded wallets are getting popular. Main meta = games & social Normies don't need to care about the Halving, they just need to see the BTC price going up because of it.
2 replies
0 recast
3 reactions
SecondaryRealms
@secondaryrealms
As long as normies have to care about what a wallet or an L2 is, there will be no mass consumer adoption of crypto. Simple.
1 reply
0 recast
1 reaction
Mac Budkowski
@macbudkowski
Sure - my POV is that we don't need 7 Billion people on board to kick off the next cycle. We just need more early adopters than before and IMO infra is ready for that :)
1 reply
0 recast
0 reaction
SecondaryRealms
@secondaryrealms
agree. Many have overblown expectations for the next cycle (again). Yes, number will go up (again) but crypto will still not take over the world... My bet is that crypto will be the enabler for what will long-term "take over the world".
1 reply
0 recast
0 reaction
Coop
@coopahtroopa.eth
Sure but the catch is there need to be more new users than people who heard of NFTs and got turned off to crypto as a whole as a result. L2s are better but hard to say someone can realistically start using an L2 app today with 0 crypto knowledge. Bullish on smart wallets but doesn't solve funding the wallet to start.
0 reply
0 recast
0 reaction
