Long Take: The principle behind Mastercard's CipherTrace acquisition, L1 growth, and IRS getting your bank data

Hi Fintech futurists — this week, we cover the following:

• Thesis: Paying attention is the path to seeing and doing. Mastercard has bought CipherTrace to see blockchain-based finance, to launch new businesses, and to plug in more networks into its nexus. The crypto networks proliferate at every layer, creating more computation on Ethereum, Polygon, Arbitr…