This week’s been a rollercoaster for the markets. We’re starting to experience hysteria regarding ETH dying or going to 0 — as irrational as it may be. What’s also interesting is the emergence of the fat monies vs fat protocol thesis. In our view, the two don’t have to be mutually exclusive. Without fat monies, there isn’t a secure store of value everyone believes in. Without fat protocols, the application and usage of digital currencies is extremely limited. This newsletter contains projects which enable fat monies to become spendable through a new medium. In the long run, it isn’t in the best interest for the price of Ether to climb high as it will represent a higher price to utilise the network. The best bit about crypto is no one is right and no is wrong despite past experience or status, only time can dictate this. If you’re on Twitter, feel free to reach out to me @kermankohli.