Recurring market commentary on what's happening in the crypto markets, summarized by Crypto Finance AG Senior Trader Patrick Heusser.
Market commentary
Good Morning!
It's a short commentary from me today, but here you will also find a good read from Messari on Web3.
The many discussions I have been having with people from traditional finance about the change that is happening in their industry is probably very similar to some of the discussions decentralised application developers have about Web3 with their peers who are at large companies such as Google, Microsoft, Facebook, Amazon, and the like.
Now, imagine that you are not a financial expert or knowledgeable about how the basic layers of the internet work. How can you see the tidal shift that is coming towards you in those sectors? I think the only way to learn to see is through education, education, education...
Hopefully, we will be seeing more papers like this one from Fabian Schär: Decentralized Finance: On Blockchain- and Smart Contract-Based Financial Markets.
And in this vein, the younger generation needs to know and get educated on how the internet works. Only then, I believe, will they have the chance and ability to see the change that is coming...
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