The crypto space is difficult to wrap your head around. You forget about this when you’re involved in the endless stream of innovative ideas and hackathons.

The advent of so-called “normies” into space has just started. Many otherwise intelligent people fail to understand seemingly simple crypto concepts such as block size requirements.

Vlad is one of the co-founders of Robinhood. If you don’t understand why blocks can’t just be made large to accommodate more transactions, I suggest reading this great book or listening to it on Audible.

Crypto is still pretty far from being able to serve hundreds of millions of users with a user experience on par with the Internet we know today. Getting there is difficult and inevitably leads to setbacks.

But that is a good thing. With $BTC above $40,000, you can’t help but wonder about whether you’re early anymore. So, when you understand the issues crypto’s brightest minds are yet to solve, you conclude that we’re still early. When you see fundamental misunderstanding from outsiders, this realization only solidifies.

We’re not visionaries, at least not anymore. We’re now pragmatists, or “the early majority.”

Technology adoption lifecycle. Source.

Supercycle or not, there’s still significant potential in this market, even after more than ten years since Bitcoin’s inception. It will get more complex and “pro,” highlighting the necessity of staying around.

“Stay hungry, stay foolish,” try to absorb as much as you can about this market to stay ahead of the curve. Keep making strategic bets. There’s a long journey in front of us.

SIMETRI Portfolio – Sideways

$BTC performance this week was subpar and altcoins didn’t perform well across the board. The Portfolio’s performance is in line with this.

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