In the AI era, software costs are approaching zero. Multicoin puts it bluntly: DeFi’s moat is no longer code, but distribution, capital, and proprietary data. It sounds like an industry thesis, but on the trading floor it comes down to where the money is flowing.
Assets on the scale of $BTC have never relied on stories; what matters is whether money is willing to keep flowing in. Reassessing the moat is, at its core, a process of big money choosing sides again.
Are you watching BTC’s price right now, or the fresh capital behind it that hasn’t moved yet? #BreakingNews
$SOL
This is not investment advice. Trading involves risk; proceed with caution.
Assets on the scale of $BTC have never relied on stories; what matters is whether money is willing to keep flowing in. Reassessing the moat is, at its core, a process of big money choosing sides again.
Are you watching BTC’s price right now, or the fresh capital behind it that hasn’t moved yet? #BreakingNews
$SOL
This is not investment advice. Trading involves risk; proceed with caution.
