Long Take: Global and Crypto Macroeconomics in August 2021, from GDP to BTC to Web3

Hi Fintech futurists --

This week, we cover the following:

• Thesis: The macro and crypto economic thesis for 2021, building out the linkages between “Risk-On” assets, flows into and valuation of Bitcoin and Ethereum, and the interplay between value locked, the growth of decentralized application revenue, and the volumes around digital objects. We bring it all together.

• Topics: macroeconomics, crypto assets, decentralized finance, NFTs

• Tags: Bitcoin, Ethereum, Web3

If you get value out of the Long Take but have not yet looked at the full membership — consider 12+ frontier technology developments every week, a podcast conversation on fintechs, and food-for-thought essays. A fulfilling warm fuzzy feeling and even NFTs.