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50 Things I Believe To Be True About Web3 in the Next 10 Years

Validated Individual Expert

1. The foundational $1B+ Crypto VC funding event in 2025 will be at least three times larger than any Crypto VC Event from 2018–2021.

2. The next economic depression and stock market crash has not yet hit. When it does, the smart money will be on crypto assets (not gold, real estate or stocks) for the next decade. Solely because:

3. The millennial demographic will be the most open demographic to replacing their savings, assets and retirement accounts with crypto and NFT assets. They have zero hope. Zero. Hence — they have nothing to lose.

4. If crypto assets can be successfully employed to retire a persons assets in the USA, it will increase the number of off shore retirement accounts from 2.5 to 10 million per year.

5. Crypto assets will not be (a) regulated away by any Government nor

(b) eaten alive by the massive financial services industry. In fact:

6. The Crypto Asset Ecosystem will actually become a

© viable alternative to the existing financial services industry.

7. As a result, blockchain and crypto assets will actually

(d) be the cause of the next global financial paradigm shift.

8. As a result, the total market cap of crypto assets will exceed the combined global reserve balances of USD, YEN, EURO and our current global fiat currency system.

9. Crypto assets and the underlying infrastructure will become the

(e) global universal language for a new generation of free market, free society and free trade.

10. The crypto ecosystem will change the world by being the

(f) first institution to remove the artificial boundaries to instant global transactions.

11. China will be acknowledged as the greatest power in all of Crypto and Blockchain as a Partner and Competitor, or it will scale up imprisonment blockchain proponents and cause a talent/IP exodus. There will not be a middle ground.

12. Most wealth and income inequality is due to misallocated capital. The only way to correct this is to invest capital in a highly speculative vehicle that is uncorrelated to other asset classes. In other words: Crypto Asset, Token or NFT Innovation.

13. The barrier to entry for crypto asset investors will be: $1,000 or less. The barrier to entry for crypto asset creators will be: $10 or less.

14. There will be only a handful of L1 payment solutions required in 2025, but there will be thousands of L3 and L5 solutions.

15. In the USA, cryptoassets will be the only non paper assets that people of a certain age will likely own, because their savings and retirement accounts, 401k and pension funds will have been decimated. Most U.S. citizens will be forced to manage their own money. And as life expectancy increases in America — crypto assets will be the only way to hedge against the inevitable.

16. Investors will continue to chase the next emerging asset class into the late 2020’s. In 2030, the top 5 crypto-assets will exceed the top 5 shares of the S&P 500 by 2 to 1 in market cap.

17. One nation will develop and embrace a national model of Crypto that will decentralize and scale up their economy in a way that will make all current FIAT based economies look like third world countries. Who that nation will be is up for grabs.

18. Less than 1% of the world’s GDP will be stored in anything outside of the crypto universe, by 2050.

19. U.S. Dollar valuations will be increasingly volatile, however the U.S. Dollar will not crash as mainstream media will want you to believe. A form of the U.S. Dollar will still be the world’s reserve currency, even in a cryptocurrency world.

20. The price of leading assets will either remain volatile or go to zero. Structured crypto assets will be the primary store of value.

21. Decentralized, permission-less P2P user direct investment vehicles will be the greatest game-changer as investors will be directly connected to assets/companies/projects. This will continue to evolve against regulation, no matter how regulation is approached.

22. The real-time epicenter of Crypto Assets was the USA, but unless the environment there changes, it will likely shift to Asia, and most likely China, for the majority of L2+ and infrastructure solutions. Less than 25% of L2 solutions will be US based.

23. The most important emerging asset class is not Crypto, it is NFTs. The blockchain powered, next generation of Non-Fungible Tokens (NFT’s) built on new standards and protocols will completely change the global financial paradigm.

24. Equities and bonds will begin a decade long free fall, due to market manipulation, malfeasance and peak asset valuations.

25. Confidence in the global economy will peak in all asset classes, due to human nature. And the price of what you own will become less valuable.

26. As a result, the stock market collapse will be far more calamitous than the 2008 crash, and will accelerate the flight to safe haven investments.

27. As a result, the crypto market will go parabolic, due to no correlation to other markets, and the private, “off-shore” nature of crypto assets.

28. The biggest winner will not be the asset that replaces fiat currency, but the asset that replaces treasuries and security deposits. This will be a true safe haven.

29. The crisis of confidence in the global economy will ultimately result in the Sovereigns realizing that they will be forced to issue their own crypto assets.

30. Governments will eventually be forced to accept crypto assets as a form of taxation.

31. Governments will eventually be forced to accept crypto assets as a form of capital control.

32. Governments will eventually be forced to accept crypto assets as a form of capital transfer.

33. The biggest winners will be asset creators and innovators. Not traders and speculators.

34. The world is not ready to deal with the next generation of digital assets, which will be a combination of all previous digital innovations. Old world, centralized power structures will be forced to innovate, or they will die.

35. The main reason the USA will focus on the development of a specific “American Crypto” is because they will not be able to remove, control, regulate or stop the non-stoppable, global, open, permission-less and transparent network. And all the global powers will want to try.

36. Mainstream media will continue their knee jerk reaction to undermine and decry anything crypto, and label business built on this new technology “evil” or “scammers”. However, the opposite will be true, and mainstream media and other media companies will be forced to exist on the blockchain in the next decade.

37. The centralized power structures will not give up their power willingly, and they will fight back with every tool at their disposal. They will use their power to try to manipulate, control and subvert the new technology.

38. The biggest risk in the next decade is not losing money in a bear market, it is not getting involved at all.

39. The amount of FUD, manipulation, and scams will increase in the next decade, as the industry becomes more competitive. And the bigger the prize, the dirtier the fight will be.

40. The centralized exchanges will slowly lose market share to DEXes, as trust in centralized entities continues to decline.

41. The best way to make money in the next decade is to build something that people need and want, and that solves a real problem. Something that makes their lives better.

42. The second best way to make money in the next decade is to invest in the builders and creators. The people who are making the future happen.

43. The single biggest mistake you can make is thinking that this is a get rich quick scheme. It’s not. This is a marathon, not a sprint. And the rewards will go to those who are in it for the long haul.

44. The majority of projects will fail, as is the case with any new technology or industry. But the few that succeed will change the world as we know it.

45. Fiat currencies will not die in the next decade. But their value will decline, and their volatility will increase. Their value will decline because of the need for nations to issue their own cryptocurrencies and tokens to raise capital and because of massive amounts of debt. Their volatility will increase because Governments will continue to print fiat currencies in an attempt to hold onto their power.

46. There will be a time in the next ten years where Bitcoin will be quoted at $10–14k, and there will be a time when it will be quoted at $100,000.

47. In the next decade, we will see the rise of stablecoins, as they provide a much needed stability to the volatile world of cryptocurrencies.

48. The most successful companies in this sector will be those who provide actual solutions, and not just a solution to a technical problem, or what-if scenarios.

49. With more capital coming into the industry, we will also see more scams and fraudsters, who try to take advantage of the newbies. This will create a growing need for gatekeepers and KYC/AML providers. It follows that it will see decentralization maxis move further to the extreme.

50. Ryan Carson will announce his 100th raise/project/investment club/drop by 2030.

https://joanwestenberg.medium.com/50-things-i-believe-to-be-true-about-web3-in-the-next-10-years-9cab96d63ccd

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