The hottest Market cap Substack posts right now

Driving market capitalization for a growth company involves getting people to understand category potential.
Marketing grounded in Category Design helps create economic conditions for a company to win by creating new market categories.
Investors bet on a company's future potential, not just past performance, which relies heavily on understanding and driving the size and growth of its category.

Stablecoins like USD Coin can compete with banks
Stablecoins face risks like bank crises and liquidity issues
Nonbank stablecoins transforming insured deposits to uninsured poses systemic risks

Every Proof of Work coin must choose between specialized hashing, leading to centralization over time, or generalized hashing, resulting in a constantly insecure chain.
Specialized hashing algorithms for Proof of Work require specific hardware, electricity, space, maintenance, and capital, leading to centralization over time.
Generalized hashing algorithms allow more participation but can make the chain insecure due to the vast latent hashrate available for potential attacks.

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Bitcoin's security spending is decreasing in proportion to its market cap, making it vulnerable to attacks.
As Bitcoin's block rewards decrease, security spending as a percentage of market cap also decreases, making attacks more profitable.
Without a significant increase in fee income, Bitcoin's security vulnerability will worsen unless solutions like a tail emission are considered.

The Bitcoin network is currently congested, with over 460,000 pending transactions which has led to a significant increase in transaction fees.
Binance suspended BTC withdrawals due to the congestion, highlighting the fragility of the Bitcoin network.
Unlike Ethereum, Bitcoin doesn't have robust mechanisms to handle congestion issues, making it vulnerable to potential deliberate attacks.