Itâs what I call âthe Great Decouplingâ... March 02, 2022 [UNSUBSCRIBE]( | [WEBSITE]( [Altucher Confidential] If there’s anything you’ve missed as part of your membership to Altucher Confidential, make sure you check out our website where you can find archives, updates, and everything else that's included in your subscription. You can access it by [clicking here now](. “This is a recipe for another crypto winter. But this time⦠the money wonât exit crypto. It will get sucked into the protocols actually being used. Those with actual utility, ready for mainstream action.” [HERO IMAGE] Crypto Winter is Coming, But⦠By Chris Campbell Here is your instant access link [Read more here...]( [Here is your instant access link to The Next Gen Crypto Summit.]( Keep in mind this is a first-come, first-served event. Anticipation is high, and with the special link above, youâve got âfirst readâ access. By the end of the day, hundreds of thousands of folks will have had the opportunity to get the research on the 9 Next Gen Cryptos I believe will change the world. Itâs been years since Iâve done something like this⦠And Iâd love for you to be there. [>> Click here for access to the Summit]( Prague… Brazil… New York… Austin, Texas… Aspen… Thailand… and more. In 2017, I went to about 20 crypto conferences and meetups around the world. I also took an in-person course in South America on how to build smart contracts on the Ethereum blockchain. (I built a blockchain-based voting system for a small village in Chile. No idea if they used it.) This was back when Bitcoin was slowly reaching for its all-time high of $20,000… and most people still hadn’t heard of Bitcoin. The more I talked to people at these conferences, the more I realized… The entire crypto space was becoming insanely delusional. Ripple was headed to a $4 trillion market cap by 2019. Litecoin was going to $50,000 in 2018. Some obscure coin named WaterCoin was going to end world thirst. The problem? Nobody was actually using these protocols. And, under the hood, there was actually very little to use. I became disenchanted by the entire space. And then, of course, it all crashed in 2018 and we went through a crushing bear market. Honestly, it was needed. There’s no better way to demolish illusions (and strengthen resolve) than a bear market. Unfortunately, a lot of people are about to go through the same disillusionment phase in crypto. I don’t know when it will happen… But this one will be different from 2018. Because while more than 90% of crypto projects will fall by the wayside, a small percentage will shoot skyward, exceeding all expectations. I call it the “Great Decoupling.” I’ll explain what I mean in a moment. First, let’s look at the problem. Here We Go Again Hype is, once again, a huge problem. Take, for example, Pixelmon. Three weeks ago, a crypto gaming team called Pixelmon released its [gameplay trailer]( to much anticipation. [IMG 1] The game generated a ton of hype. Everyone has been waiting for a “AAA”-rated game to launch crypto into the mainstream. Pixelmon made it seem like it was finally here. (I had my doubts. I’ll explain why in a sec.) Then, last week, Pixelmon launched its NFT collection. Each NFT cost 3 Ethereum ($9,000) to mint. And, guess what? They sold out. After fees, the team raked in over $60 million in less than two days. Often, when you “mint” an NFT, it gets sent to your crypto wallet but isn’t immediately revealed. In fact, you never know what you’re going to get. It’s the luck of the draw. So if you were to pay $9,000 to mint an NFT collectible… you’d expect for it to be pretty amazing, right? Wrong. Americaâs #1 Futurist George Gilderâs 2021 Prediction Will Stun You [Click here for more...]( headed for a potential [$16.8 trillion reboot]( he says. This ârebootâ could create the largest wealth generation in decades. And it has nothing to do with politics, the coronavirus, or the Fed. [Click this link]( to see how to tap into this wealth revolution and learn how it could make you very⦠very⦠rich. Upon reveal, the NFT art wasn’t just bad. It was hilariously bad. So bad, in fact, one of the NFTs — which the team inexplicably named Kevin — is now a popular meme. [IMG 2] Turns out, they paid a bunch of freelance artists pennies on the dollar to create their NFTs. [IMG 3] And here’s the thing… This feels a lot like 2017. Recipe For Crypto Winter The ugly truth about crypto that few in this space want to admit… → 95% of people buying NFTs are speculating on future price action → 95% of crypto games are unsustainable → The vast majority (though not all) of DeFi is riskier than traditional finance → Nobody actually wants to spend a ton of time in the metaverse → There’s a scam around every corner This is a recipe for another crypto winter. But this time… the value won’t disappear. It will get sucked into the protocols actually being used. Those with actual utility, ready for mainstream action. And there’s more mainstream-ready projects than most think. If you want to get a deep dive on where James and I see the puck heading in the coming months and years… It’s all in our Big Book of Crypto. But you won’t find our book on Amazon or any other online bookstore. If you don’t already have a copy… [Click here to learn how to get one shipped to your doorstep (and instant download).]( Until tomorrow, [Chris Campbell] Chris Campbell
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