SVET Reports
Do Digital Angels Dream Of Crypto-Kitties?
The only question on everyone's mind is: Will the sudden rise of DeFi protocols lead to the no less spectacular crash?
The pain and the suffering of 2018-2019 are still too fresh in our memories and it's been progressively more difficult for wall street renegades to trigger buy-buy-buy mode and to allow our collective imagination to take us into the land of crypto-kitties and white-paper unicorns again.
Still, we all feel that something new is going on the market and that our small, ugly, crazy kingdom, which is divided to ten of thousands of pirating each other micro-dutches, has finally became a bit bigger, a bit wiser and a bit older.
Now, we all know what old, wise people do - they gradually transcend to Angels. Naturally, because it's the dawn of the new gilded digital age, the new Angels are Digital too.
They are in their late 20th - not 50th; their investment horizon is 10-15 hrs - not years; they count in billions - not millions; they fly in swarms - not bands; they believe in numbers - not people; and they are double HNWI - both 'Highly NetWorking' as well as 'Humiliatingly Nothing Worth' Individuals.
What do Digital Angels have? Usual - some wives, some children, no real-estate and a lot of time. What do Digital Angels want? Usual - money, respect, company and information.
Will Digital Angels be able to hold on their shoulders our ever-sinking crypto-Atlantis?
On the one wing, our kingdom is still ruled by ruthless whales from their dark wallets deeps, un-scannable for etherscan, and even wild raids of institutional hoards led by GreyScale Monster is incapable to shake this old-accounts spell from us.
On the other, Angels have somebody to call upon - the Trinity of scalability, security and decentralization.
DeFi - a virgin-born child of this Trinity - is growing fast and its foggy, versatile, fluid nature is too multi-faced for aging wales to keep up. For that they have been too disorientated by its pumpamentals and frustrated by its value-ness.
So, is there the hype or the wide-open whale's gasp as the end of this DeFi Summer ride? Honestly, I don't know and like all Digital Angels I'm already too far-gone into this electronic dream-tunnel to care about this type of stupid questions.
What about you?