X @Andy

Two market realities are abundantly clear to me right now:1. The speculation you'd usually expect in "alts" or onchain is happening on the stock market. There are more ways than ever to express a 'bullish crypto' view. Bitcoin treasury companies, Circle, Coinbase, Robinhood and others are attracting a ton of speculative flows. This will continue, but it will leak down into tokens faster than the naysayers will make you think.2. Our recent industry discourse around proof of stake is moreso a result of horrid ...