Took Saturday off to hang out with friends.

Today I’m back at it.

I went through a sampling of the largest coins and biggest projects and tried to understand the point of each of them—Uniswap, Chainlink, Tether, MakerDAO, Compound, Aave, and more. Thank you, Kraken, for your crypto guides.

At this point, having spent many free minutes scrolling through crypto Twitter, I’ve concluded that it’s best to not spend too much time on there and to be more discerning with who I follow and what rabbit-holes I go down. There are some segments of the crypto-sphere which spit out an endless stream of “TO THE MOON” tweets—these feel like factories producing propaganda templates fanned out to the masses by cult leaders more than they do legitimate attempts at bringing the future into the here and now. I’ll just say $LUNA feels that way.

Of course, there are other, far more encouraging areas, like evangelists for open-source blockchain development. I’m trying to stick to those.

Overall, though, the biggest risk for me is feeling overwhelmed by FOMO and regret. It’s obvious how many people have made fortunes through crypto—anyone who looks at NFT prices and doesn’t own the ones going on sale for tens of thousands and more is likely to feel what I have felt: that I missed out, literally only by a few months.

But for all the negative emotions, my north star remains the same. I know this space is going to change the world. I am going to be a part of it. I just don’t quite know exactly where I fit in yet. The areas bubbling to the surface which pique my interest are L2 scaling and adoption, decentralized governance, and public infrastructure.

My reading list for the next week will go down these rabbit holes. NFTs and DeFi will be put on the back burner for now. It’s time to start digging deep.

Took Saturday off to hang out with friends.

Today I’m back at it.

I went through a sampling of the largest coins and biggest projects and tried to understand the point of each of them—Uniswap, Chainlink, Tether, MakerDAO, Compound, Aave, and more. Thank you, Kraken, for your crypto guides.

At this point, having spent many free minutes scrolling through crypto Twitter, I’ve concluded that it’s best to not spend too much time on there and to be more discerning with who I follow and what rabbit-holes I go down. There are some segments of the crypto-sphere which spit out an endless stream of “TO THE MOON” tweets—these feel like factories producing propaganda templates fanned out to the masses by cult leaders more than they do legitimate attempts at bringing the future into the here and now. I’ll just say $LUNA feels that way.

Of course, there are other, far more encouraging areas, like evangelists for open-source blockchain development. I’m trying to stick to those.

Overall, though, the biggest risk for me is feeling overwhelmed by FOMO and regret. It’s obvious how many people have made fortunes through crypto—anyone who looks at NFT prices and doesn’t own the ones going on sale for tens of thousands and more is likely to feel what I have felt: that I missed out, literally only by a few months.

But for all the negative emotions, my north star remains the same. I know this space is going to change the world. I am going to be a part of it. I just don’t quite know exactly where I fit in yet. The areas bubbling to the surface which pique my interest are L2 scaling and adoption, decentralized governance, and public infrastructure.

My reading list for the next week will go down these rabbit holes. NFTs and DeFi will be put on the back burner for now. It’s time to start digging deep.