Quake
110 posts








whens the last time we had this many alts up 15%+ in a day?

A little bit on privacy as an investment with the intent to make money off it, no lip service on cypherpunk values. It’s becoming evident that, no matter the chatter or which KOL says something is important, retail and the masses, CT included, aren’t open to actually adopting a product unless there’s something directly in it for them. In other words, regarding privacy directly as a function, there’s no net benefit for MOST people to start caring about it. I would say about 1% of people, often HNW individuals who are fully operating financially on-chain, are made and are consciously aware of their activity needing private enablement. Therefore, privacy as an actual moat and product that might trickle into the mainstream retail market years from now, likely through automatic implementation by the wallets people already use, won’t be the investment of the decade until institutional crypto and finance decide it is with hard cash, not just talk. By that, I mean massive deals, inflows of pre-existing entity users, neobanks being activated and equipped with privacy protocols, and lastly, true experimentation from the top 1% of HNW people who would opt to maintain privacy through an institutional bank-esque custodian, like a privacy-enabled crypto neobank of some sort. All to say, privacy is not the moat of the masses, and it is not something with near-term high frequency adoption over the next two years, unless activation is made through pre-existing wallets. I think it will become critical, but for now, it is asymmetrically housed within the institutions of crypto that recognize its value and can act on it through calculated, heavy, inconsistent transfers, staking, and shielding, for the masses rather than by them. All to say from that, the primitive, real revenue first privacy application on the blockchain that has a developer-friendly backdrop and actual competitive scaling will be made present through institutions activating it within their own systems clearly. Meaning not tweets from KOL's or suits at VC's, but by a real-world example of something tangible being done by a significant entity. Serving as the proof of concept for what on-chain privacy will be like for years to come, until something organic occurs. The protocol that does this is the one you need to be in.


This is not a bubble!























