A year ago: tokenization, metaverse and a BTC breakthrough

an update on narratives and predictions

“We do not measure a culture by its output of undisguised trivialities but by what it claims as significant.” – Neil Postman ||

Hi everyone, I hope you’re all doing well!

Today I offer an update on what I was focusing on a year ago, how those narratives have aged, and what that says about what might around the corner.

Apologies for the absence of an audio recording yesterday – tech issues again, they seem to be resolved for now.

Last night I had a great chat with Maggie Lake on her Talking Markets show, you can see that video here.

Programming note: this newsletter has to skip publication on Thursday, back on Friday.

IN THIS NEWSLETTER:

A year ago: tokenization, metaverse and a BTC breakthrough

• BlackRock’s tokenization game

• Tokenization: new rules are needed

• China’s metaverse plans

• The macro mood, a year ago

• The crypto mood, a year ago

If you’re not a premium subscriber, I hope you’ll consider becoming one! You get ~daily commentary on markets, tokenization, regulation and other signs that crypto IS impacting the macro landscape. As well as audio, relevant links and music recommendations ‘cos why not.

WHAT I’M WATCHING:

A year ago: tokenization, metaverse and a BTC breakthrough

This is a bi-weekly feature in which I look back at what I was focusing on a year ago, and why. In part, it’s to hold myself accountable (was I worrying about the right things, did my optimistic predictions come true?), and also it’s to keep track of projects and ideas that back then seemed interesting – what became of them?

We spend so much time racing forward that we don’t do enough updating and reconciling. This is unfortunate since progress without context is just movement, news without follow-through is just noise.

So, here are the main themes I was writing about in the second half of January and the first week of February of 2024.

• (You can see the previous lookback here.)

BlackRock’s tokenization game