Blockchain technology has been at the forefront of innovation, transforming industries and revolutionizing the way we perceive data security and transparency. Among the myriad of blockchain platforms, Celestia has emerged as a promising player, offering unique features and capabilities that set it apart from traditional systems.

Cosmos is a blockchain network that aims to create an interoperable and scalable ecosystem for decentralized applications. It is designed to allow different blockchains to communicate and transact with each other, enabling seamless transfer of assets and data across different networks. One of the key features of Cosmos is its use of a consensus algorithm called Tendermint, which provides fast and secure transaction processing. This allows for high throughput and low latency, making Cosmos suitable for a wide range of applications, from financial services to supply chain management. Another important aspect of Cosmos is its focus on governance and self-sovereignty. The network is designed to be governed by its users, allowing them to participate in decision-making processes and shape the future development of the platform. Overall, Cosmos aims to provide a flexible and robust infrastructure for building and deploying decentralized applications, while also promoting transparency, security, and user empowerment. With its focus on interoperability and scalability, Cosmos has the potential to play a significant role in the future of blockchain technology.

There has been a lot of talk over the years about how large of an allocation investors should be making to the cryptocurrency industry. The most conservative investors usually arrive at a 1-2% allocation and the more aggressive folks end up with 5-20% in their portfolio. In the case of the extreme outlier, and mostly reserved for young people, there will be majority allocations in a portfolio up to almost 100%. These percentages are based on the idea that bitcoin and cryptocurrencies are a different type of assets than the traditional stocks, bonds, currencies, and commodities. The legacy investor looks at crypto as the fifth type of asset that you can put into a portfolio. But I don’t think that this is the right framework to look at it. My personal belief is that eventually 100% of every single person’s portfolio will be crypto. This came up in a recent conversation with Shark Tank’s Kevin O’Leary. My point to him was that every business in the world will ultimately have some interface or dependence on a crypto system. Every bond will migrate to some new technology rail that is used to issue, track, and transact with. The currencies will all become truly digital and the commodities will do the same thing. Investors will continue to have four asset classes to invest in — stocks, bonds, currencies, and commodities. The technology will change. The governance models will change. The names of the assets and issuers may even change. But the core asset buckets aren’t going anywhere. There is historical precedence for this. In the mid-to-late 1990s, entrepreneurs and investors were obsessed with the internet. The promise was that this new technology network would disrupt everything. Large corporations would announce their new focus on the internet. Investors were looking to invest in internet companies and internet bonds. Founders would tell their families that they were leaving their cushy jobs to start an internet company. The mainstream media couldn’t stop talking about “internet! internet! internet!” No one talks about the internet today though. There are no internet companies. It is just assumed that every company, regardless of the industry or stage of development, uses the internet. There are no assets that exist without leveraging the internet in some form or fashion. The default standard is a decentralized, digital network that allows people to interact with each other in a superior way to the legacy structure. The same thing is going to happen with bitcoin and crypto networks. Everyone is obsessed with the technology today because it is new. Are you a crypto company or not? Are you investing in crypto or not? Don’t be a boomer. Get in on the crypto industry right now! Well, that excitement eventually fades away as people understand that the technology will be the default standard moving forward. Every company will interface with crypto networks or assets. Every financial asset will run on these new transaction rails. Crypto won’t be new, it will be the underpinning of everything. The debate and competition over which networks win, and which ones lose, will be settled by the free market. Value and usage will accrue to those who build something that solves the problems of users. But the idea that new, decentralized, digital networks will ascend to global importance is nearly inevitable at this point. We won’t talk about crypto companies. They will just be companies. It will be assumed that they leverage these new, superior technologies. Which brings me back to my original point, every investor will have 100% of their portfolio in crypto. Every equity they own will use the technology. Every bond they have will be issued and transacted with these rails. The currencies in their portfolio will all be digital and the commodities will be integrated as well. The entire portfolio will be crypto, yet we won’t necessarily think of it that way.