📑 Weekend Thoughts

I recently met with my former professor and greeted them. They've transitioned from blockchain to AI since last year and are conducting very deep research and study. I expressed some personal melancholy, and this led me to wonder if blockchain is becoming a dead market as such cases become increasingly common. Rather, in response to such comments, my professor said that by studying AI, one can understand why blockchain is necessary. This became an opportunity for me to recalibrate my thinking.

1️⃣ Blockchain is not an option but a necessity for AI economic activity

Existing payment rails like VISA, MASTERCARD, and SWIFT have poor accessibility for AI ( KYC impossible ), 24-hour availability ( settlement ) impossible, etc. Additionally, seeing that VISA itself is promoting Visa CLI, a blockchain-based technology for AI commerce, and Google is already advancing blockchain building through familiar API2, I came to realize that blockchain is inevitable for AI economic activity.

Since I believe that the economic activities of such AI agents will become far more and larger than payment activities conducted by humans in the future, I bought Circle. I've reinforced in my mind that the expansion of AI agent economic activity = the inevitable expansion of blockchain utilization.

2️⃣ Global investor population = number of wallets

Through tokenization ( tokenization ), all assets can be traded 24 hours a day and will be stored in one repository ( blockchain wallet ). This is an unstoppable trend already approved by the SEC, and this flow means that in the future, a transformation into what is truly an "exchange"—capable of handling everything not just individual ( stocks, cryptocurrency, commodities, etc. ) exchanges—is not far off. In other words, I anticipate that the following flow will become a universal behavior possible for anyone, not just the domain of degens:

: $TSLA selling - $BTC buying - $BTC selling - $COPPER buying becomes part of an investor's daily life

In such a future $BTC and $ETH potential buying demand will explode exponentially ( hopefully ), and I believed that interest in the blockchain field that makes these things possible will grow in a "healthy direction."

3️⃣ Which blockchain will be preferred?

While I currently have only dipped my toe in, upon reviewing research on which blockchain institutions will prefer, I reconsidered that stability, security, and an absence of precedent for incidents are prioritized far more than speed and fees. For these reasons, I felt that the era of Ethereum-led tokenization will not change going forward.

4️⃣ Caution

While blockchain's bright future exists, I wondered: hasn't the cryptocurrency market cap already fully reflected everything? The $2.45T cryptocurrency market cap, even if it successfully captures only points 1-2 mentioned above, will accommodate market scale and trading volume tens of times larger. So within this difficult market, the AIs are comforting me that it's worth maintaining faith. I'm trying to believe too.

🏷 Random Thoughts

Since blockchain has sufficient room to grow in a "healthy direction," I plan to maintain and construct my crypto portfolio in a "healthy direction" as well. I'm also thinking of expanding my exposure not only to cryptocurrency but also to related stocks.

Since the market has been so poor, there's a risk that the bias "blockchain is finished" could take hold. This weekend I had to recalibrate myself. Looking back at what I've organized, while these are things easily accessible from the media, organizing them myself through contemplation seems to have settled differently in my mind!

As an addendum, I've been somewhat stressed by my portfolio being excessively concentrated in cryptocurrency and blockchain alone. I've keenly felt the necessity to study more during this downturn and make efforts to construct a more diversified portfolio.