The Trilemma of the New Crypto Economy: The Intersection of Energy, Cutting-Edge Technology, and Stablecoins

By: blockbeats|2025/04/02 08:45:09
0
Share
copy
Original Article Title: Energy, Frontier, Stablecoin
Original Article Authors: @ManoppoMarco, @primitivecrypto Investors
Original Article Translation: zhouzhou, BlockBeats

Editor's Note: This article explores the current status and future direction of the cryptocurrency industry, suggesting that innovation in the crypto space has become flat, with new technologies and projects failing to bring breakthroughs. The author believes that true innovation should combine the core features of crypto, such as incentive mechanisms, asset liquidity, and seamless transfer, to address macro issues. By integrating energy, frontier technology, and stablecoin, the crypto industry can be propelled to a higher level of development.

The following is the original content (slightly reorganized for clarity):

The Trilemma of the New Crypto Economy: The Intersection of Energy, Cutting-Edge Technology, and Stablecoins

This is the first part of an exploratory paper series that I will be writing in the coming weeks.

Is the crypto industry getting boring... or growing? Over the past few months, Crypto Twitter's mood has been mixed, with both excitement and fatigue, mainly due to two reasons:

· The trench is dead.

· The institutions are here to take your lunch money.

The former means that the rebellious, cypherpunk-style innovation is no longer as prevalent in the crypto industry as it was in the past. Since DeFi unlocked our imagination in 2019, there has been no real 0 to 1 innovation in our field. Of course, blockchain has become faster, and we are all working hard to help traditional finance save 30 basis points through asset tokenization (which is a trillion-dollar opportunity!), but it can also be said that the original spirit of crypto is slowly fading away.

The latter means that the current crypto space is filled with MBA graduates and professional protocol hoppers (I swear I will make PPH a real term), who now dominate our field. These professionals, hey, I bet some senior managers of big protocols haven't even tried issuing their own coin on PumpFun.

Overall, observing all this has made me start thinking about which possible new verticals we can explore to get my CT friends excited again.

Frankly, I don't think what's happening in the crypto industry is bad or boring; it's just the natural progression of business and tech cycles within a maturing vertical.

But hey, maybe I'm too pragmatic. So, what's new?

New virtual machines, new blockchains, and new Ponzi economics will continue to attract funding, especially in the early stages. Because crypto is still the world's best capital market. Ask any Web2 VC friend of yours how things are on their end, and you might think we're no longer in a bear market.

But these optimizations have become somewhat boring; even though they still bring returns to early investors, they haven't unlocked new mechanisms or driven new business models that propel our industry forward.

Therefore, this article is an attempt to imagine things that could drive the industry forward.

My assumption is that the answer lies in the combination of the following three intersections:

· Energy

· Cutting-edge Technology

· Stablecoins

Let's dissect these three concepts.

Triumvirate

The original meaning of "Triumvirate" was the rule of three men—referring to the informal alliance of Caesar, Pompey, and Crassus in 60 BC. If you think I'm a bit old-fashioned, go with your gut.

I believe that crypto is fundamentally a macro asset. The technological and capital market value that crypto provides is most effective when combined with macro trends. Digitalization was the earliest trend that brought crypto into our world. In an increasingly digital world, there has to be a native way to exchange value -> hence crypto.

Now, the world is undergoing several macro trends:

· Energy: Demand for more energy

· Cutting-edge Technology: Demand for technological advancement

· Stablecoins: Demand for seamless value transfer

These three constitute the crypto Triumvirate. By properly combining these three verticals, crypto can be propelled to the next level.

I'll be the first to admit that, taken individually, this concept is not groundbreaking. Some funds have already started focusing on the convergence of crypto and energy, such as @uraniumdigital_ and @daylightenergy_'s recent funding rounds; while some have explored the combination of crypto and cutting-edge technology, like @openmind_agi and @Spacecoin_xyz.

The key is, when you combine these three elements, what kind of product and incentive mechanism flywheel can you ignite.

· A DeFi project without asset issuance? Boring.

· A stablecoin without real-world use case? Oversaturated.

· Cutting-edge technology without a crypto flywheel? Pointless.

In Summary


How to leverage the best attributes of crypto: incentive mechanisms, populism, and seamless asset creation/transfer, and combine them with the most interesting problems of our generation — not just for the sake of a forced narrative, but because the nature of crypto can truly create a better product and incentive flywheel for the problem you are solving.

I once read a saying, stripped of everything, there are only two ways to make money:

· You create value and convert it into money

· You facilitate the flow of funds and charge a fee

I believe that crypto, if done right, will embody both methods (1) and (2) simultaneously.

In the second part, I will explore the first-generation existing mechanisms/business models of these tripartite political projects and consider what might happen when they are combined.

Original Article Link

-- Price

--

You may also like

Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip

Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.

Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed

Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com