The Crypto Thesis 2023 🕵🏻 - DAY 2

GM Guys and Gals,

As we are on the trail on covering the awesome crypto thesis - Here we are with the 2nd Day where we'll cover Top 10 People to Watch in 2023

Top 5 People to Watch Out in 2023

1. Changpeng Zhao & Brian Armstrong

FTX’s failure last month was damaging financially, politically, and reputationally. But its failure wasn’t a systemic threat to the entire industry.

That designation is shared by only two entities in crypto today: Binance and Coinbase, who are #1 and #2 in global spot trading volumes and crypto assets under custody.

Binance and Coinbase, and their respective founders, will be integral to any industry rebuild. As their fortunes go, so goes crypto in 2023. (No pressure, fellas.)

2. Rep. Patrick McHenry

With the Republicans taking the House in the midterm elections, there’s a stanche crypto proponent who’s readying to helm the House Financial Services committee.

North Carolina Rep. Patrick McHenry will have an outsized influence over crypto policy in the coming years regardless of whether the Digital Commodities Consumer Protection Act (“DCCPA”) is passed into law in the next couple of weeks before a new Congress is sworn in (incredibly unlikely).

McHenry is one of the most important politicians to watch in the new year. We have a lot of informed leaders in the next Congress. That’s fortunate as the stakes are very high.

3. Anatoly Yakovenko

When it comes to blockchain scalability beyond the EVM, you can basically narrow down four complements to Ethereum: EVM-compatible blockchains (including rollups like Arbitrum, Optimism, and zkSync), Cosmos-style “app chains,” Aptos/Sui “Move” chains, and Solana.

All four groups will be covered in detail later, but the person to watch most closely in the “battle for second” to the EVM, is Anatoly Yakovenko, Solana’s co-founder.

I saw firsthand how hard it was to kill Anatoly and his team in the last bear market. In my eyes, that’s the leading predictor of long-term success in crypto. As such, I’d expect the Solana core team and ecosystem to persevere once again. But can they ascend to new heights?

4. Barry Silbert & The Winklevii

Everything seems to come full circle in crypto. In a throwback to 2013, Digital Currency Group Founder & CEO, Barry Silbert, and Gemini founders, Cameron and Tyler Winklevoss, will be three of the people to watch closest in the new year.

5. Stani Kulechov

Stani Kulechev is one of crypto’s top innovators, having founded the top crypto lending protocol, Aave, and one of the most promising early decentralized social protocols, Lens.

Among other things, Aave pioneered the flash loan, which allows users to borrow large amounts of crypto for specific transactions without providing upfront collateral. These have generally been useful financial primitives for improving efficiencies in DeFi markets, as arbitrage opportunities have been made available to any developer who can afford to pay network gas fees, not just institutional-sized market makers.

It would be worth keeping an eye on Stani 👀

Here was today's dose 💊 If you are a crypto / web3 geek, which you are (ugh silly me) for sure - then you must consider keeping an eye 👁️ on every one mentioned on the list!

That's it for the day, Web3Shala 👋

To the moon 🚀LFG 🔥