Non stop growth in blockchain
This month has seen back to back crypto conferences for those interested to learn and network. Anyone saying there is no development in the blockchain industry is merely referring to price action and not the technology.
Things are moving fast, VC’s are still investing, new ideas are being fleshed out and of course, hacks too are becoming common place as October has become the worst month in crypto history.
This tells me there is room for growth. THIS = OPPORTUNITY!!
There has been a bunch of opportunity to network and expand ones knowledge through seminars and conferences in 2022 especially in Dubai.
Although I could not attend all of them, watching some of the highlights and talks makes me optimistic and bullish on the future of this space.
Conferences that happened in Dubai:
Below, I am including quotes from speakers and influencers of some of the conferences referenced above on the future and state of blockchain industry.
Courtesy of Blockworks;
Bilal Hafeez, Macro Hive: “Nobody who’s left in the market today has been successful in a high-rates environment.” The people that were have all been wiped out.
Noelle Acheson, Crypto is Macro Now substack: “The politicization of finance and the financialization of politics is a risk” that we haven’t had to deal with before.
Michael Nicoletos, DeFi Advisors on Bitcoin’s evolution: “We don’t expect a 13-year-old kid to know everything.”
Bilal Hafeez, Macro Hive: Innovation will transition from financial engineering to “science juicing things up.”
Michael Bodley, Blockworks: “The open bar might ease some liquidity concerns.”
Michael Bodley: “Only in crypto do you lose a grade for turning your homework in on time.”
Michael Bodley: “Are dotcom companies vintage now?”
Michael Bodley: “Why do people still wear Patagonia vests?”
Guillaume Chatain, Coinbase: “Crypto is amazing.”
Michael Anderson, Framework Ventures: DeFi is “exporting property rights to a global audience.”
Michael Anderson: “Stablecoins is the fundamental innovation in decentralized finance.”
Oliver von Landsberg-Sadie, BCB group: “I hope we don’t exist as an entity in ten years.”
Oliver von Landsberg-Sadie: “What we call DeFi now in the future will just be called Fi.”
Oliver von Landsberg-Sadie: “We’ll look back in 20 years and say ‘remember when we had banks’.”
Jonathan Cheeseman, JCI Advisory: “It’s natural that [crypto] has multiple identities.”
Jonathan Cheeseman: “There’s nowhere to hide in a bear market.”
Thomas Uhm, Jane Street on DAOs: “Very, very interesting. Maybe a little scary.”
Simon Jones, Voltz on TradFi: “Information is withheld as a competitive advantage.”
Simon Jones: “I view CeFi as TradFi without the risk management.”
Matteo Dante Perruccio, Wave Financial Group: “This is still incredibly early days in this asset class”
Matteo Dante Perruccio: “Eventually, risk catches up with return.”
Nikita Fadeev, Fasanara Digital: “Crypto is a vacuum cleaner for global excess liquidity.”
Nikita Fadeev: “Correlation is all about the intersection of investors. Who’s buying?”
Nikita Fadeev on crypto: “It’s like a virus, it spreads.”
Nikita Fadeev on NFTs: “People need to understand it for what it is: It’s a thought experiment.”
Previn Singh, Credit Suisse: “Even though crypto is in winter, digital assets are having a bit of a spring or a summer.”
Previn Singh: “This is a once-in-a-lifetime generational change. I come at it from a viewpoint of abundance: There will be plenty of pie for everyone.”
Chris Tyrer, Fidelity Digital Assets: “We move slowly and break nothing.”
Jenna Wright, LMAX Digital on crypto market turmoil: “I hate to say it, but it’s been good for the industry.”
Sabrine Wilson, Copper.co: “The next frontier is tokenizing everything.”
Oscar Hanner, Blockworks: "I like to read menus."
Maxime Boonen, B2C2: “You always go too far in one direction before you realize you need to go back.”
Jean-Marie Mognetti, CoinShares: “Bear markets is always the right place to innovate.”
Jean-Marie Mognetti: “Every bear market is new information”
Jean-Marie Mognetti: “I’m very bullish on new information entering the system.”
Richard Muirhead, Fabric Ventures on speaking to developers: “You might have asked the question, ‘what bear market?’”
Richard Muirhead: “We have to get to the point where we stop talking about where we are in the cycle and start talking about something more exciting.”
Richard Muirhead: “Like day follows night, we’ll be moving into the next bull market.”
Richard Muirhead on new entrants to crypto: “I don’t think the price of bitcoin makes the blindest bit of difference.”
David Fauchier, Nickel Digital: “Everything ex-Bitcoin is an experiment.”
David Fauchier on institutional adoption: “It’s happening but no one’s as excited about it as they were in 2017 when it wasn’t happening.”
David Fauchier: Institutionals “no longer question whether crypto is an asset class or a donut.”
Tim Grant, Galaxy: “None of us know how the internet works, really. None of us need to know how blockchains work, really.”
Michael Hall, Nickel Digital: “We think in 10, 20 years, everyone will be a crypto company.”
Delphine Forma, OpenVSAP: “How can you regulate an industry you don’t understand?”
Jason Guthrie, WisdomTree: “The tech is good enough, but the ecosystem isn’t.”
Lucas Vogelsang, Centrifuge: “A smart contract won’t care whether you’re borrowing $10 or $1 million.”
Lucas Vogelsang: “I’m glad I’m not working at a bank.”
Everyday I get more excited about opportunities and developments in this industry.
Still bullish! Bear market is for building..
See you tomorrow!
- Ope