David // 01.hl 🐲 retweetledi
The biggest threat to Web3 may not come from within Web3 at all.
Major VCs see sustained high interest rates as one of the top non-crypto risk factors for the crypto market over the next 18 months, followed by geopolitical escalation. Disruption in traditional financial institutions and regulatory uncertainty in the U.S. ranked closely behind.
The signal is clear: web3 is increasingly being shaped by the same external forces influencing the rest of global capital markets.
Founders and investors shall understand that the next cycle will not be defined by technology and innovation alone, but by the ability to operate through macro pressure, policy uncertainty, and global instability.
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