Messari’s Crypto Theses For 2022

Section 1. Top 10 Naratives & Investment Themes 1.1 The Collapse in Institutional Trust [04:20]1.2 Crypto/Web3 is Inevitable [06:19]1.3 Bridges and Nifties and DAOs [09:47]1.4 The Decoupling of Cryptos [12:38) 1.5 Permanent (Venture) Capital: In, Up and Down, Never Out  [14:27] 1.6 How High Can We Fly [17:07]1.7 Surviving Winter [23:08]1.8 Public Options: Coinbase Opens the Floodgates [27:56]1.9 Copy-Trading: WAGMI [30:10]1.10 Copy-Trading: We Like The Coins [32:40]

Section 2. 10 People to Watch2.1 WAGMI [00:04]2.2 The Big Guys: Samani, CMS, Su Zhu [01:52] 2.3 Emilie Choi, Coinbase [04:15]2.4 Devin Finzer, OpenSea [06:50]2.5 Dan Robinson & Dave White, Paradigm [08:50]2.6 Jeff Zirlin “The Jiho”, Axie Infinity [10:24]  2.7 Jay Graber, BlueSky & Tess Rinearson, Twitter [12:37]2.8. Kristin Smith, The Blockchain Association & Katie Haun, a16z [16:21] 2.9 Commissioner Hester Peirce, SEC [19:24] 2.10 Do Kwon, Terraform Labs [24:27]2.11 Honorable Mentions [26:16]   

Section 3. Top 10 Thoughts on Bitcoin3.1 Please Check on Peter Schiff [00:03] 3.2 The King Stay the King: No Flippenings [02:17]  3.3 The Multichain Reserve [06:21]3.4The “Gift” of Bitcoin ETFs [08:22]  3.5 The Great Fall of China(‘s Bitcoin Industry) [10:41] 3.6 Bitcoin as Clean Energy Stimulus [13:09) 3.7 Proof-of-Stake Works Because Proof-of-Work Worked [25:21]  3.8 Proof-of-Work & Minority Rights [27:18] 3.9 The Bitcoin Roadmap [29:30]3.10 Lightning Strikes El Salvador [32:42]

Section 4. American Crypto Policy4.1 The American Battleground [02:04] 4.2 Real Risks & Self-Regulation [05:20]4.3 FSOC & SEC Dominance [09:03]4.4 The Crypto Coalition [13:29]4.5 Regulatory Jump Balls [16:24]4.6 Crypto Eurodollars and Systemic Risks [18:55]4.7 Smart Crypto Banking Integration [23:05]4.8 Crypto is Bad for (Bad) Business [25:35]4.9 Tax Enforcement vs. Tax Products [27:41]4.10 Dear Gary Gensler: Are You a Partial Fraud or a Total Fraud [31:06]4.11 Ripple vs. SEC vs. Safe Harbors [48:37]  4.12 The Battle for Privacy [54:51] 4.13 Incorporating DAOs [57:44]   4.14 The American Web3 Council [59:46]  4.15 Local & Metaverse Battles [01:03:21] 4.16 There’s Nothing More Punk than the Battle for American Crypto [01:04:34]

Section 5. Market Infrastructure5.1 The Bitcoin Futures ETFs are State-Sponsored Pieces of Sh*t [00:04]5.2 Goldman Gary and the Reg M Redemption [03:47]5.3 Lender Reserves [12:41]5.4 CeFi vs. TradFi [17:39] 5.5 CEX Ed [19:54]5.6 Crypto Securities (and ILOs) [24:51] 5.7 Bagholders (and Stakers) [26:11]5.8 Coinlist: A Global Token Issuance Platform (Except in the US and North Korea) [27:59]5.9 RegTech [33:20] 5.10 Payments Innovation [35:09]5.11 The National Security Case for Crypto Dollars [39:35]5.12 DCEP [42:44]5.13 Fedcoins & Western CFDCs [45:16]5.14 USDC & Brother Jeremy [47:17]5.15 When Paxos Met Novi [49:32] 

Section 6. NFTs & Web3 Plumbing 6.1 NFTs: Digital Goods on a Global Ledger [02:21]6.2 A $69 Million Mona Lisa JPEG [08:23]6.3 PFPs: Punks vs. Apes [13:29]6.4 Fan Tokens [22:34]6.5 Axie Infinity & the Play-to-Earn Revolution [26:37]6.6 Looted: Composable NFTs [30:08]6.7 NFT Financialization [32:15]6.8 OpenSea & Friends [35:13]6.9 The Cryptoverse [36:41]6.10 I Said Metaverse, Not Meta [40:41]6.11 Non-Fungible Credentials [43:26]6.12 Namespaces & Data Sharing [46:12]6.13 DeSo Lotteries [48:28]6.14 The Physically Decentralized (Permanent) Web [50:54]6.15 Physical Network Scaling [53:40]

Section 7. DeFi 2.07.1 The USDT Bridge [0:48]7.2 DAI vs. UST [4:55]7.3 The Algorithmic Stablecoins Renaissance [7:43]7.4 The Emergence of Non-Pegged Stablecoins [12:34]7.5 Worldcoin’s Steely Gaze [15:33]7.6 Uniswap v3 vs. The World [18:01]7.7 Perp vs. dydx [20:54]7.8 The Alchemix of DeFinance [22:46]7.9 The Fat Applications Thesis [27:40]7.10 Tokenized Funds & Index Co-Op [33:52]7.11 DeFi’s Split Personalities [35:52]7.12 The CeDeFi Boom [38:04]7.13 Governance Snafus [40:02]7.14 Security & The Dark Forest [41:56]7.15 Bullish Unlocks & FDV [44:55]

Section 8. ETH, Layers, and Bridges 8.1 ETH’s Q3 Earnings Report [0:49]8.2 1559: Miners and MEVers [3:19]8.3 The Merge & Liquid Staking [4:34]8.4 To EVM or Non-EVM [6:41]8.5 Layer 1 Relative Valuations [8:17]8.6 Solana Summer Never Ends [10:28]8.7 Polkadot’s Slow & Steady Rollout [13:09]8.8 Cosmos & IBC Opt-In [14:53]8.9 Terraforming La Luna [17:25]8.10 The Best of the Rest (of the L1s) [19:52]8.11 Polygon Flippens ETH [21:10]8.12 They’re Optimistic [27:44]8.13 Zero-Knowledge Scaling [29:44]8.14 Build me a Bridge [31:33]8.15 Wrapping it All Up [34:13]

Section 9. The DAO of DAOs9.1 Enabling Tools: Wallets & Staking [2:43]9.2 Down the Rabbithole: Learning & Earning [4:28]9.3 Working in Web3 [6:47]9.4 Hierarchies, Pods, and Fluid Organisms [09:47]9.5 DAO Treasury Management [13:19] 9.6 DAO Investor Relations [16:23] 9.7 Messari: Tying it All Together [19:21] 9.8 Legal Framework for DAOS [20:17]  9.9 The New Capital Allocators [22:35] 9.10 The New Information Curators [24:53] 

Section 10. BONUS: Whatever I Want10.1 Why You Must Write [0:50]10.2 No Sacred Cows [2:41]10.3 My Information Diet [3:40]10.4 Tips & Productivity Tricks [4:50]10.5 Life Advice [7:57]