Thoughts on Markets

A recent YouTube update from Charles Hoskinson touches on markets and the ecosystem for cryptocurrencies, reminding us of some of the important aspects that are in play at the moment, and the transformational impact they will have. If you’ve not watched any videos from Charles yet, this is 18 mins that’s worth the investment, and will help you understand why we and many others are so committed to this project (clue- it’s about values).

Bitcoin is at it’s lowest dominance across the ecosystem for a long time (approx 42%), which combined with some strong countercyclical price movements for ADA and other Proof of Stake coins, suggests the market may be starting to differentiate the ability of other projects to provide environmentally sound, and more advanced alternatives.