@BabylonLabs_io #baby $BABY
Just went through the topics for the next Double Down episode with @GSR_io's CJ Fong, and one thing immediately stood out.
The first topic isn't about the next bull run.
It's about why the era of thousand-fold crypto returns may already be behind us.
That changes the tone of everything else on the list.
Institutional Bitcoin. Asset tokenization. Regulation across Asia-Pacific. None of those are narratives built around explosive upside.
They're all conversations about infrastructure.
It feels like the industry is asking a different question now.
Not "Which token could be the next 1000x?"
But "What has to exist for digital assets to become part of mainstream capital markets?"
Maybe that's why projects building around collateral, tokenization and market structure are getting more attention than they did a few years ago.
Makes me wonder if crypto is slowly moving from a market driven by speculation...
...to one increasingly shaped by financial infrastructure that most users will never actually see.
Just went through the topics for the next Double Down episode with @GSR_io's CJ Fong, and one thing immediately stood out.
The first topic isn't about the next bull run.
It's about why the era of thousand-fold crypto returns may already be behind us.
That changes the tone of everything else on the list.
Institutional Bitcoin. Asset tokenization. Regulation across Asia-Pacific. None of those are narratives built around explosive upside.
They're all conversations about infrastructure.
It feels like the industry is asking a different question now.
Not "Which token could be the next 1000x?"
But "What has to exist for digital assets to become part of mainstream capital markets?"
Maybe that's why projects building around collateral, tokenization and market structure are getting more attention than they did a few years ago.
Makes me wonder if crypto is slowly moving from a market driven by speculation...
...to one increasingly shaped by financial infrastructure that most users will never actually see.
