Nicholas Sciberras

So many are pivoting to launching a prediction market or a launchpad Really says something about the current moment when innovation is being replaced by a desire to capitalize off gambling by copy-pasting an existing formula This is bad for crypto.

Guy in ivory tower dismisses bitcoin as just serving underground purposes, when in reality it’s often the guys in ivory towers managing the money in their top-down way that people naturally want a defense against.

DeFi and RWAs got a big tick of approval. I'm extremely excited to see more financial infrastructure and value move onchain in the coming decade. The great onchain migration is here I cover all this and more in my latest weekly recap. As always, with a longer-term perspective.

Some thoughts after letting the wild week in U.S. crypto policy settle in. The White House digital asset report and speech from the SEC made one thing very clear: *Financial markets are moving on chain and the U.S. aims to be the leader*

Plus, keep reading for my usual crypto recap through a longer-term lens. Read on Substack nicholassciberras.substack.com/p/inside-jack-… Read on LinkedIn linkedin.com/pulse/inside-j…

I dive into the history of Block's Bitcoin support and what's next for the payment giant.

I've been following @jack and @blocks Bitcoin efforts for a while now - excited to see their first Bitcoin merchant support go live! But what I'm excited for is the full release of their chips and mining systems that they've been developing for the past few years.

in singapore last year i gave a talk called "cryptodollarization". the idea is dollarization via stablecoins. now with the GENIUS act about to pass and bessent's comments about stables reaching $3.7T (!!) (13% of M3), i believe stablecoins are being unleashed as an economic weapon to dollarize the rest of the world and help reset the US fiscal position. cryptodollarization has happened already, arguably in venezuela, argentina (partial), and nigeria (partial). i believe it's much more aggressive than conventional dollarization, which is often limited by availability of physical banknotes. I believe that in a decade there will be many fewer sovereign currencies and most weak nations will be dollarized – not through USG intervention but by a spontaneous "bottom up" process (this happened in Ecuador in 99/20 as described by larry white). in effect consumers engage in currency substitution and force the government's hand. stablecoins eliminate the power of borders in currency choice and allow network effects to actually take hold. this is why we see the dollar representing >99% of stablecoins but only 40-60% of international reserves and financial flows. stablecoins make currency substitution must faster and more aggressive, and they are also ~impossible to stop. in almost all cases where nation states have attempted to prohibit flows out of local FX into USD stablecoins, they have eventually relented. in my talk I built a simple model to try and guess where these spontaneous crypto-dollarizations might occur (see the last couple slides). i wanted to revisit this talk because these predictions have become much closer to reality in the last 12 months. the government is saying the quiet part out loud: stablecoins are an economic weapon to passively dollarize the entire planet. slides: niccarter.info/wp-content/upl… video: youtube.com/watch?v=v9S6Tj…

tokenized stocks are coming to Solana 🔜 internet capital markets

Also covered in my weekly round-up below: - It isn't a coincidence that Bitcoin made a new high following Trump's "Big Beautiful" spending bill. - Solana continues to impress - Why everyone should be watching tokenised equities. linkedin.com/pulse/new-bitc…

A fun exercise to think about Bitcoin's adoption curve, fresh off the new ATH last week. As more TradFi adopt crypto support, how long until the Vanguard Laggards finally cave?

Spark is live. It's the fastest, cheapest, most UX-friendly way to build financial apps and launch assets on Bitcoin. Go try it → spark.money

A New Era for Lightspark Today, we're excited to share our new brand identity. It's built for developers ready to leave legacy systems behind and build faster, more open payments for the world. See our new refreshed Lightspark site: lightspark.com Learn about our new brand and vision: lightspark.com/blog/news/ligh…

Spark is nearly done. The team has been locked in for months. First announcements dropping shortly.

CRO is no different from a scam Your team just reissued 70B CRO a week ago that was previously burned “forever” in 2021 (70% total supply) and went against the community wishes as you control majority of the supply. Unsure why Truth would chose a partnership with your exchange over Coinbase, Kraken, Gemini, etc after this move by your team. h/t Unchained Crypto for the data

First Edition out now! The Macro Panic Is Loud—But Bitcoin’s Long Game Is Louder nicholassciberras.substack.com/p/the-macro-pa…

Subscribe to the Long-Term Crypto View @ nicholassciberras.substack.com

📢New Weekly Blog Alert📢 I often feel conflicted with cryptocurrencies' short-term toxic value extraction and misaligned incentives. If you feel the same and want a longer-term take on cryptocurrency amid the noise, see my new blog via Substack in the link below.