Ryan Selkis, the co-founder and CEO of Messari, recently published his 2023 Crypto Theses report where he looks at key trends and his predictions for the coming year.
Selkis writes his reports on an annual basis, and this is the sixth consecutive Messari Theses Report. He starts with stating that while cryptocurrency portfolios are down 80% since the last report, the question is:
“Is this the dark before the dawn, or the beginning of a long Arctic winter?”
He outlines that both Bitcoin and Ethereum appear to be “on long-term stable ground”, and that “DeFi will take major strides forward next year.” He believes that privacy tech will either be integrated into public blockchains, or that it will be banned on “dystopian and vague “national security” grounds.”
He also gives his view of the following:
“Infrastructure investments around code security, decentralised hardware, virtual worlds, custody, protocol governance, and blockchain scalability are all in vogue. There
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