Why I’m bullshit on crypto for this fall and winter.

After a rough May to July, I’m fully bullish again. Here’s why:

1. Institutional interest. I know this isn’t gonna suddenly solve crypto’s extreme volatility, but as larger institutions get involved, they will bribe more politicians so they can keep getting richer. That will help crypto prices.

2. Technological progress. Ada smart contracts, Algo partnerships, lightning network, Eth 2.0. I could go on and on.

3. Macroeconomic factors. Recovering slowly from Covid economies and expanded social safety net/money printing.

4. People. In my daily life and online, more and more people are taking an interest in crypto. Some to get rich quick, sure, but others are really trying to understand the tech.

All in all, if we avoid a black swan event, I think we’re gonna see a lot of ATHs this fall and winter.