I’m just about to check out after an incredible few days in Paris, all thanks to Bitget. They invited me to vlog about the 2024 Olympic Games, so stay tuned for that on my channel. But beyond the footage, I have some exclusive insights that won’t make it into the video, and I couldn’t wait to share them with my TTC tribe!
Over the past few days, I had the unique opportunity to spend time with the CEO of Bitget and their top-tier clients. We’re talking about venture capitalists, market makers, crypto media experts, and researchers. It felt like I was the least knowledgeable person in the room, and I absolutely loved it! The insights and knowledge I gained from these interactions were the true highlights of my trip.
Here are my key takeaways:
1. Privacy in Crypto:
One major discussion point was the consensus that the mainstream adoption of crypto hinges on solving privacy issues. Currently, all transactions can be traced if someone knows your wallet address, and with some effort, even if they don’t. While transparency is great, privacy is crucial for certain scenarios. For instance, businesses need to protect their supplier details from competitors. Without the ability to mask these transactions, widespread business adoption of crypto is unlikely. Most Layer 1 blockchains, including SOL and ETH, lack this privacy focus. Therefore, the next breakthrough L1 might be the one that prioritizes privacy.
2. Future Mergers:
There’s a strong belief that we’ll see more mergers like the FET/AGIX/OCEAN consolidation. With many projects developing similar products, not all will survive. Merging allows projects to leverage each other’s strengths. This trend suggests that holding a diverse portfolio of L1s could be beneficial as mergers typically boost token market caps.
3. Solana and Future L1s:
I had a fascinating conversation with the co-founder of the Solana Foundation. While I believe Solana (SOL) will perform well in this cycle, I’m skeptical about it surpassing Ethereum (ETH) in the long run. We might not have discovered the ultimate L1 yet; it could still be under development or arise from a future merger.
4. Aptos Insights:
I also met the founder of Aptos, a former Facebook employee who worked on the Libra project. He demonstrated their wallet, Petra, which is impressively fast and cheap to use. Despite the technical jargon that went over my head, his vision and expertise were clear, making Aptos a project to watch.
5. Bullish on RWAs:
Venture capitalists are particularly bullish on real-world assets (RWAs) being a major narrative this cycle, especially within the finance sector. They see traditional finance as ripe for disruption, with crypto poised to lead the charge.
6. Not the Last Cycle:
Contrary to some narratives, this won’t be the last crypto cycle. Older, tired crypto channels might push this idea because they’re fading out. However, the industry itself has a vibrant future ahead.
7. Importance of Oracles:
Oracles are crucial for crypto, and Chainlink (LINK) is the leader in this space. Oracles allow blockchains like Ethereum to interact with external data, which is essential for the growth of DeFi and other applications.
8. MATIC’s Potential:
Despite its recent price underperformance, MATIC as a whole remains promising. It’s transitioning to POL in a mainnet upgrade this September, which could be a bullish move.
9. Market Makers’ Insights:
Market makers predict that alt season won’t commence without a Fed pivot. Historically, each Fed pivot has led to a crash followed by a bull market. Although a crash is expected in September, recovery times are shorter with each cycle. Therefore, having cash ready to buy significant dips could be a game-changer.
I’ve learned even more, but some insights are too sensitive to put in writing. Just know that my understanding of market making has reached new heights, and one day, I’ll share all this knowledge with the amazing TTC community through our educational courses.
Did you enjoy this insider scoop from my crypto adventures? Let me know in the comments if you’d like me to spill more tea from my future trips and meetings!
30 Responses
Spill the tea spill the tea…:-)
Thanks a ton for the insights!
Looking forward to future tea times!
Please spill be MM beans.
Always fascinating to catch a glimpse behind the scenes. Great tips on coins to watch also. Thanks
I really enjoyed reading your post! Each person is constructing its vision for crypto (and world!) and you are adding much value information that I wouldn’t get easily access to. Because we know you have such a critical thinking about things, a large perspective view of the crypto world, and access to so many top-knot people in the industry, I really appreciate your sharing of these conclusions/topics with your community, and I take them into account! I would love to read more about it, and would absolutely be thrill if you go further in the insights about MM you talked about in the end of the post! Thanks!
Ha! Always love hearing behind the scenes snippets. Of course we want more. Maybe you’ll share some of the juicer bits on a live call (should you ever have the time). Looked like an amazing trip, well deserved.
Sounds like an amazing trip! Thank you for sharing these insights, and yes please to More SPILLING THE TEA.
Dorian x
Yes I loved it. I’m always ready to learn and that’s always your focus. Thank you.
What do we have to do for you to pour the jug out? Haha I look forward to it
Privileged to engage such high quality, integrated insights on the markets impacting us.
Bloody awesome that you hang out with the top dogs!
Thanks for these insights. Blessed to alter perspectives based on your quality input.
Thanks for your insights Annii! I’ll put the kettle on!
MORE TEA YESPLEASE!!!
This is awesome! Thank you for sharing your insights, annii. There are great advantages to being the least knowledgeable person in the room. You have the opportunity to learn the most if you’re willing. 🙂
Thank you for spilling the tea Annii 🙂 Great read
oh I love this…keep the tea coming!
Loved your insight … yes keep spilling the tea lol
Loved this so much!!!! Answered questions I didn’t even know I had. Annii, words cannot express how much I appreciate you and the INCREDIBLE work you do for all of us. Please keep bringing us the TEA!
Brilliant Annii, yes more tea please! Thank you
Thanks very informative !! Cant wait for more tea
Nice one – tea please XX
Thank you for sharing, this is a great post. Every insight you wrote has a value to me, I would like to hear much more. 🙂
Please.. pour out all the Teapot…. 😀
Annii,, i am a great admirer of the knowledge and abilities you posses and anytime you have some of that to share i want a seat at that table
Need more cups of tea 🙂
We have our very own insider! LOVE IT. Thanks for taking on this adventure and in advance for sharing what you’ve learned.
Always fascinating listening to you. I would love to hear everything you are happy to share. 🙂
thank you !!
I have been enjoying reading the Inside scoops and learning about the crypto industry and it’s cycles and the way the MM plan their moves.
I now feel more comfortable in my trading and investment decisions.
Thank you.