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Crypto is bigger than "number go up, number go down." Blockchain is fundamentally a new way to build trust, exchange value directly and reduce intermediaries. @wj_beaumont from @AlgoFoundation explains why the real story is the infrastructure being built underneath the hype.

The article states that crypto is more than just price changes, and that blockchain is a new way to build trust, exchange value directly, and reduce intermediaries. It highlights that the real story is the infrastructure being built underneath the hype.

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What happened

The article states that crypto is more than just price changes, and that blockchain is a new way to build trust, exchange value directly, and reduce intermediaries. It highlights that the real story is the infrastructure being built underneath the hype.

Confirmed

Global impact / market context

If blockchain reduces intermediaries, companies in finance, logistics, or other sectors may face lower costs or new competition. Investors might see value shift toward firms building this infrastructure, rather than those just holding crypto assets.

Analyst inference

The article suggests a focus on long-term blockchain development rather than short-term price moves. This could mean that investor attention may move toward technology companies and startups, potentially affecting capital spending and revenue growth in the broader tech industry.

Analyst inference

What to watch

  1. The article confirms that blockchain is described as a new way to build trust and exchange value directly, which is a key point for understanding its potential impact. Confirmed
  2. Watch for announcements from companies about using blockchain to cut out middlemen, as this could signal changes in their costs and profit per sale. Proposed
  3. Investors may watch for increased capital spending on blockchain infrastructure, which could boost revenue for tech firms but also raise costs for others. Analyst inference

Evidence