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There are probably going to be like, four or five chains that get serious adoption. They won't be meme coins. It's going to be like the real world is. You'll have your IBMs, Dell, HPe, and like, Lenovo. Or Intel, AMD, and NVIDIA. Or AWS, Azure, and Google Cloud. The block chain won't be any different. There will be a small number of big players that dominate the market.
Right now, everyone is a crypto wizard because we're in a speculative cycle. Soon the speculative cycle will turn into a regulatory cycle. When that regulatory cycle kicks in, liquidity is going to dry up fast because of two things: 1) they're going determine that ICO coins are securities, 2) they're going to rug stable coins.
It's going to be 98% of the money in 2% of the available blockchains. There will be dozens that are special niche chains. But most commerce will be run on the big players with enterprise features. BTC will probably always exist, but it will function more like a NFT. Or like a religion. Kind of like Linux or Firefox is today.
Listen to the CEO of FTX.
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Ehyeh asher ehyeh.
Donger's Razor: "The most establishment-friendly explanation that gives leftist and neocon politicians the most amount of cover is the only possible explanation, even when gaping holes and leaps of logic are required to get there."
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