I said the title of this article out loud to myself and in my head with pure joy as a I attempted to sound like a 1950's cartoon gangster.

It's the crypto current, see...myah, seee...you get it.

I'm a terrible surfer. It's one of those things that I always want to be good at but right now, am just not good at it. I can balance on the board when I'm on solid ground, but once the actual 'ground, or water in this case, beneath me begins to move', I am unable to balance consistently and I'm constantly falling down and getting up, falling down and getting up. Therefore, for me, surfing isn't a lot of surfing at all. As a less mature surfer, it's a lot about getting used to the current. How strong are the waves that are pulling or pushing me around this very 'liquid' world.

In the crypto world, liquidity is everything. Liquidity for the crypto space is what bandwidth was for the internet. Remember when it was a big deal to send a chat across dial up. There was no streaming, no FaceTime, no gaming, no House of the Dragon. (I mean, just wow!) Just a young immature information super highway that didn't have enough lanes to support all of that traffic. Yet! (Yes, I'm aware that I’m switching metaphors from the sea to traffic patterns) The internet was a growing network of computers with the same growing pains as a human teenager. Or better yet, let's stick with the traffic and transportation analogy.

Think about downtown NYC. Below 14th street in the 19th century. Before there was Henry Ford, there were wagons, dirt roads, horses and buggies, single lanes of traffic, cobblestone. Also, side note, apparently people were buried alive so often in the 19th century that inventors patented 'safety coffins' that would give the dead the ability to alert those above ground if they were still alive. Foreshadowing?

Crypto is dead? Long Live Crypto.

So, back to the roads and modes of transport in the 19th century. We could only move a certain amount of cargo at a certain speed on certain routes. Now fast forward to lower Manhattan today and the infrastructure for travel and transportation is vastly different. Horses and buggies are replaced with electric vehicles, buses, and many more lanes! Heck, there's even a bike lane which, in some cases, is faster!!!? There are subways, scooters, helicopters, and pretty soon drones to bring humans and cargo from point A to point B. The infrastructure has matured and grown over hundreds of years. The internet had the same maturity curve, and crypto is undergoing a similar journey. The crypto current is only getting stronger, see!!! (insert cartoon gangster)

What that means is that as the current gets stronger, the liquidity will increase, and when the liquidity increases, said rising tide will lift all boats. And the boats in this world are crypto/web3 applications across DeFi, Metaverse/gaming and other use cases we don't even know about now.

Now what is helping the crypto current get stronger. If you’re reading this you know about the major factors of why crypto and why today, so let’s just look at 2022.

Bananas!!!

Celsius, 3AC, Voyager, Luna and now FTX. And when we take a step back and look at what's happening from a wider lens, big bankruptcies are not uncommon to new tech industries or the financial sector. Crypto fits squarely on the fault line of these two spaces, and therefore, big bankruptcies like FTX and Luna are fairly normal. And what do we know about fault lines? They tend to cause disruption, big disruption. Large tectonic plates in the middle of the ocean moving and shifting and when there's a catastrophe, the water swells, the boats get wrecked and obviously, as we've seen the nearby land has collateral damage. The crypto current is only getting stronger and learning to surf it while, like the LOVE BOAT theme song is “exciting and new,” is also dangerous and can result in a massive fall. But nevertheless, come aboard, we're expecting youuuuuuuu...(I sung that in my head)

Surf we must as what we are witnessing is generational change. And the waves are getting bigger! And, we've seen this before. Ray Dalio writes exquisitely about this in his book ”Principles for Dealing with the Changing World Order”. Macroeconomic factors such as the trajectory of inflation, interest rates, and the economy will outshine headlines such as the FTX bankruptcy this week, and we will move towards a bullish 2023.

Yes, a lot of people are feeling max pain. Similar to the Dotcom crash. Similar to falling off a big wave, and most similarly to how much pain Wesley felt when Prince Humperdinck raised ‘The Machine’ to 50 years. In the late 90s the wave of liquidity chasing venture deals where businesses were not generating cash flows was exorbitant. Nasdaq peaked on March 10 2000, at 5,132.52. And the bubble burst, sending the composite down to barely 1,100 by October 2002.

As the crash set in, dot-com companies began folding left and right. Amazon’s stock tumbled month after month as well, losing more than 90 percent of its value in two years. So we've been here before. We've see big waves and we've seen some incredible surfing. And like Wesley and Buttercup, even death can’t stop true love.

Also, on a similar narrative, (yes, I'm all over the place with these metaphors deal with it) on Nov 3, 1990 rap finally burst onto and cemented its un-ignorable mainstream influence with its first-ever No. 1 single on the Billboard Hot 100. That song was Vanilla Ice's 'Ice Ice Baby'.

Sooooooo, be patient crypto peeps. It gets better.

I said the title of this article out loud to myself and in my head with pure joy as a I attempted to sound like a 1950's cartoon gangster.

It's the crypto current, see...myah, seee...you get it.

I'm a terrible surfer. It's one of those things that I always want to be good at but right now, am just not good at it. I can balance on the board when I'm on solid ground, but once the actual 'ground, or water in this case, beneath me begins to move', I am unable to balance consistently and I'm constantly falling down and getting up, falling down and getting up. Therefore, for me, surfing isn't a lot of surfing at all. As a less mature surfer, it's a lot about getting used to the current. How strong are the waves that are pulling or pushing me around this very 'liquid' world.

In the crypto world, liquidity is everything. Liquidity for the crypto space is what bandwidth was for the internet. Remember when it was a big deal to send a chat across dial up. There was no streaming, no FaceTime, no gaming, no House of the Dragon. (I mean, just wow!) Just a young immature information super highway that didn't have enough lanes to support all of that traffic. Yet! (Yes, I'm aware that I’m switching metaphors from the sea to traffic patterns) The internet was a growing network of computers with the same growing pains as a human teenager. Or better yet, let's stick with the traffic and transportation analogy.

Think about downtown NYC. Below 14th street in the 19th century. Before there was Henry Ford, there were wagons, dirt roads, horses and buggies, single lanes of traffic, cobblestone. Also, side note, apparently people were buried alive so often in the 19th century that inventors patented 'safety coffins' that would give the dead the ability to alert those above ground if they were still alive. Foreshadowing?

Crypto is dead? Long Live Crypto.

So, back to the roads and modes of transport in the 19th century. We could only move a certain amount of cargo at a certain speed on certain routes. Now fast forward to lower Manhattan today and the infrastructure for travel and transportation is vastly different. Horses and buggies are replaced with electric vehicles, buses, and many more lanes! Heck, there's even a bike lane which, in some cases, is faster!!!? There are subways, scooters, helicopters, and pretty soon drones to bring humans and cargo from point A to point B. The infrastructure has matured and grown over hundreds of years. The internet had the same maturity curve, and crypto is undergoing a similar journey. The crypto current is only getting stronger, see!!! (insert cartoon gangster)

What that means is that as the current gets stronger, the liquidity will increase, and when the liquidity increases, said rising tide will lift all boats. And the boats in this world are crypto/web3 applications across DeFi, Metaverse/gaming and other use cases we don't even know about now.

Now what is helping the crypto current get stronger. If you’re reading this you know about the major factors of why crypto and why today, so let’s just look at 2022.

Bananas!!!

Celsius, 3AC, Voyager, Luna and now FTX. And when we take a step back and look at what's happening from a wider lens, big bankruptcies are not uncommon to new tech industries or the financial sector. Crypto fits squarely on the fault line of these two spaces, and therefore, big bankruptcies like FTX and Luna are fairly normal. And what do we know about fault lines? They tend to cause disruption, big disruption. Large tectonic plates in the middle of the ocean moving and shifting and when there's a catastrophe, the water swells, the boats get wrecked and obviously, as we've seen the nearby land has collateral damage. The crypto current is only getting stronger and learning to surf it while, like the LOVE BOAT theme song is “exciting and new,” is also dangerous and can result in a massive fall. But nevertheless, come aboard, we're expecting youuuuuuuu...(I sung that in my head)

Surf we must as what we are witnessing is generational change. And the waves are getting bigger! And, we've seen this before. Ray Dalio writes exquisitely about this in his book ”Principles for Dealing with the Changing World Order”. Macroeconomic factors such as the trajectory of inflation, interest rates, and the economy will outshine headlines such as the FTX bankruptcy this week, and we will move towards a bullish 2023.

Yes, a lot of people are feeling max pain. Similar to the Dotcom crash. Similar to falling off a big wave, and most similarly to how much pain Wesley felt when Prince Humperdinck raised ‘The Machine’ to 50 years. In the late 90s the wave of liquidity chasing venture deals where businesses were not generating cash flows was exorbitant. Nasdaq peaked on March 10 2000, at 5,132.52. And the bubble burst, sending the composite down to barely 1,100 by October 2002.

As the crash set in, dot-com companies began folding left and right. Amazon’s stock tumbled month after month as well, losing more than 90 percent of its value in two years. So we've been here before. We've see big waves and we've seen some incredible surfing. And like Wesley and Buttercup, even death can’t stop true love.

Also, on a similar narrative, (yes, I'm all over the place with these metaphors deal with it) on Nov 3, 1990 rap finally burst onto and cemented its un-ignorable mainstream influence with its first-ever No. 1 single on the Billboard Hot 100. That song was Vanilla Ice's 'Ice Ice Baby'.

Sooooooo, be patient crypto peeps. It gets better.