PRIM3 Capital

Amid reports that Kevin Warsh could be considered for Chair of the U.S. Federal Reserve, his public comments on Bitcoin stand out as unusually open for a central banking figure. Key points from Warsh’s remarks: • Bitcoin does not inherently undermine the Fed and may help discipline monetary policy • BTC does not concern him from a regulatory perspective • Bitcoin can function as a store of value, often compared to gold, but not as a replacement for the U.S. dollar • Warsh first encountered Bitcoin in 2011 after reading the whitepaper and later acknowledged underestimating its impact • Bitcoin serves as a market signal for policymakers, highlighting where economic policy may be misaligned • BTC can introduce market discipline and expose structural weaknesses in monetary and fiscal policy • He has described Bitcoin as a kind of “market policeman,” providing feedback through price movements • At its core, Bitcoin is software rather than a traditional currency • Technology is morally neutral and can be used for both positive and negative purposes • For younger generations, Bitcoin may function as “new gold” 🥇

📊 Mapping today’s dominant market narratives In Web3, narratives evolve quickly as attention rotates. Looking at current sentiment, this is how the narrative stack appears to be forming: 🥇 Top tier: Privacy, Consumer DeFi 🥈 Strong momentum: Prediction Markets, Reputation systems, Stablecoins 🥉 Secondary focus: AI, RWAs, L1/L2 ecosystems, Perpetual DEXs Interestingly, Memecoins and GameFi seem to be at the bottom of the stack for now. What’s your take, which narratives deserve a promotion, and which are overrated? 👇

Website & Branding for @PRIM3_VC

BlackRock’s 2026 Global Outlook: Key Takeaways 🔹 Stablecoins are scaling 💵 They are increasingly used for payments, settlement, and cross-border transfers. In some emerging markets, they may function as alternatives to local currencies, with implications for bank deposits and credit transmission. 🔹 Crypto’s role is shifting 🔗 The focus is moving from trading toward infrastructure: payments, liquidity, tokenization, and settlement. Crypto ETFs signal institutional acceptance, but the core development is at the infrastructure layer. 🔹 AI is the primary macro driver 🤖⚡ AI is capital-intensive and energy-constrained, with the potential to reshape productivity, investment patterns, and geopolitics at a scale comparable to major historical technological shifts. 🔹 Market concentration is structural 📊 Returns are increasingly driven by a small number of macro forces (AI, energy, geopolitics, and financial system changes) making “neutral” positioning and traditional diversification less effective. 🔹 Financial intermediation is evolving 🏦➡️🌐 Higher leverage, growth in private credit, tokenization, and stablecoins reflect adaptation to fiscal constraints, energy limits, and accelerated technological change.

🎄 Season’s greetings from the @PRIM3_VC team✨ As 2025 winds down, we want to extend our warmest thanks to our entire network - friends, partners, founders, and portfolio companies - who’ve been part of our incredible journey this year💙 This season, we wish you: ❄️ Peaceful holidays with loved ones 🎁 Bold ideas and successful launches 💫 And a bright 2026 filled with growth, resilience, and opportunity 🎅 Merry Christmas, Happy Holidays & a thriving New Year!

Backing projects isn’t about following hype, it’s about spotting teams that deliver real results. @xyro_io is doing exactly that. Here’s why we’re excited 👇

2025 has already minted 80+ new tech unicorns! ▪️80+ startups hit $1B this year, a rebound after 2 slow years ▪️AI leads, but unicorns span satellites, robotics, healthcare & fintech ▪️Most founded ~2018, hitting $1B by Series C; execution > hype ▪️Many outside Silicon Valley: Europe, India, East Asia ▪️This wave is powered by revenue, adoption & tech strength, not just hype

AI startups, take note: the recent investigation showing 73% of companies exaggerating capabilities is a wake-up call. Using APIs or existing models isn’t bad, but claiming them as your own tech is. 👉🏼 Lesson: be transparent. Show what’s built in-house vs. integrated. Integrity matters more than hype. Clear, honest startups stand out, attract investors, and survive longer in a crowded market. 🔗pub.towardsai.net/i-reverse-engi…

@CoinWOfficial what's inside? 😻

Santa Claus Rally incoming? 🎅

@Cointelegraph We wish crypto had only good surprises 👀

Which crypto surprised you the most this year? 👀

@RelayProtocol onchain > reality

gm, today's a great day to be onchain ☀️

@KimaNetwork 🩷

Crypto portfolio is incomplete without $KIMA! Like❤️ if agree

@LidoFinance Happy Fusaka!

Happy Fusaka day to everyone! 🦓

@Raydium Solana!

͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ Solana.

@cartelxbt @stabbleorg Checking with the team!

@PRIM3_VC @stabbleorg Hey i tried filling the form on your website but there seems to be a bug and theres no way to reach out

A new week, a new "stabble at the trenches" session, our public bi-weekly community AMA. Wednesday, 08 PM UTC: x.com/i/spaces/1BdGY… Submit your questions, ideas, and comments here, and we will discuss them tomorrow: forms.gle/Y782SL9XfY3rfb…

@GeckoTerminal Holding!

Are you longing or shorting?

@3vo_me @AssetSwapAI 🚀

🎙️ 3VO will be live in tomorrow’s Space hosted by @AssetSwapAI. 📅 Wednesday, 3 December 2025 ⏰ 2 PM UTC Set your reminder →you won’t want to miss this one

@Cointelegraph based!

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸 Poland’s President vetoed a strict crypto regulation bill, arguing it threatened citizens’ freedoms and innovation, sparking backlash from top government officials. 🔹 A new Zero-Knowledge Secret Santa protocol for Ethereum enables a fully private, trustless on-chain gift exchange using ZK proofs and relayers. 🔸 Michael Saylor’s strategy team said they would consider lending Bitcoin in the future, according to Bloomberg. 🔹 Bank of America says its wealth clients could allocate up to 4% of their portfolios to crypto. 🔸 Uniswap Labs integrated Revolut as a fiat onramp, letting users in 28 countries buy crypto directly in the Uniswap Web App and Wallet. 🔹 Kraken is acquiring Backed Finance, a major tokenized-assets issuer with about 23% market share, to expand its tokenized stocks and ETF offerings across its platform. 🔸 SEC Chair Paul Atkins says the agency has "enough authority to drive forward" on crypto rules and plans to unveil an innovation exemption "in a month or so". 🔹 President Trump calls Kevin Hassett as "potential Fed Chair" during White House announcement. 🔸 Eric Balchunas said $BTC spiked about 6% at the US open on the first day after Vanguard lifted its ETF ban, noting IBIT traded $1B in volume in the first 30 minutes. 🔹 Circle announced the Circle Foundation, seeded with 1% of its equity, to back CDFIs.