mattytay

Updated October 13, 2026

waiting for @cz_binance to post the 4 finger meme 😭

crazy prediction markets though

It’s true and overwhelmingly positive that blockchains are being adopted through tokenized RWAs and fiat stablecoins. I understand the push to rebrand the industry around Finance (or grouping it with other Frontier tech) rather than "crypto". But to me, the word crypto has always encapsulated core beliefs around cypherpunk tech, decentralization, and the creation of entirely new economic institutions. I believe "crypto" in its original sense will make a resurgence in the years ahead. As public blockchain rails become deeply integrated into legacy system, they’ll also lay the foundation for something far more transformative: the dominance of decentralized exchange, the proliferation of futarchy, the global preference toward non-sovereign money, and entirely new forms of economic coordination. We’ll need a word to distinguish these new institutions from the traditional ones they’re replacing. Fortunately, we already have one. So yeah, I’m going to keep calling it crypto.

For an asset to become a SoV it must endure devastating crashes where all hope seems lost, only for a group of holders to traumabond, reaffirm the mission, and emerge as hardened believers. This cycle must repeat multiple times. Keep that in mind when evaluating potential SoVs.

Massive turnout across blockchain ecosystems in Crypto World's Fair. We're heads down in our judging cave for the next month to determine winners, as well as the startups we will invest in through Colosseum's venture fund. Thanks to all of the builders who submitted! 🙏

"hey, on the upside we don't store private keys in railway." - @n8levine

To dominate blockchain activity long-term, an L1 needs to win two key verticals: 1. Capital formation 2. Future-proof money Fortunately for Solana, the most dynamic project in each emerged from its primordial soup, grinded for years, and are now gathering unstoppable momentum.

I was struck by how bearish investors were on crypto while watching the TOKEN2049 videos, especially compared to their enthusiasm around AI. AI will likely be the most broadly applicable technology of the 21st century. However, crypto will be equally consequential for society. Blockchains uniquely enable the creation of entirely new institutions through new forms of money, capital formation, markets, ownership, and coordination. This type of new substrate is incredibly rare historically, which is why I believe crypto remains the most compelling greenfield area for investment over the next decade.

I used to spend a lot of time reading Bitcointalk forum posts predicting how Bitcoin would function in a futuristic/scifi economy. There were many posts about how fiat currencies might evolve in relation, and later how smart contracts could be integrated to enable a more composable, permissionless, and efficient financial system with a non-sovereign SoV at its core. For the most part, those visions of a decentralized financial system have yet to materialize. Bitcoin has been the notable exception by popularizing the concept of a non-sovereign digital asset. We have been investing in the 3rd and 4th generations of DeFi protocols, like @ORE and @solomon_labs. These teams have learned from watching previous attempts, many of which failed to find meaningful adoption or gradually evolved into centralized versions of the systems they originally aimed to replace. I believe centralized stablecoins and tokenized RWAs are in the process of indirectly laying the foundation for a truly decentralized financial system to flourish. Blockchain rails will be adopted, and the DeFi ecosystem hiding within the trojan horse will end up replacing large components of the legacy system.