Amid reports that Kevin Warsh could be considered for Chair of the U.S. Federal Reserve, his public comments on Bitcoin stand out as unusually open for a central banking figure. Key points from Warsh’s remarks: • Bitcoin does not inherently undermine the Fed and may help discipline monetary policy • BTC does not concern him from a regulatory perspective • Bitcoin can function as a store of value, often compared to gold, but not as a replacement for the U.S. dollar • Warsh first encountered Bitcoin in 2011 after reading the whitepaper and later acknowledged underestimating its impact • Bitcoin serves as a market signal for policymakers, highlighting where economic policy may be misaligned • BTC can introduce market discipline and expose structural weaknesses in monetary and fiscal policy • He has described Bitcoin as a kind of “market policeman,” providing feedback through price movements • At its core, Bitcoin is software rather than a traditional currency • Technology is morally neutral and can be used for both positive and negative purposes • For younger generations, Bitcoin may function as “new gold” 🥇

📊 Mapping today’s dominant market narratives In Web3, narratives evolve quickly as attention rotates. Looking at current sentiment, this is how the narrative stack appears to be forming: 🥇 Top tier: Privacy, Consumer DeFi 🥈 Strong momentum: Prediction Markets, Reputation systems, Stablecoins 🥉 Secondary focus: AI, RWAs, L1/L2 ecosystems, Perpetual DEXs Interestingly, Memecoins and GameFi seem to be at the bottom of the stack for now. What’s your take, which narratives deserve a promotion, and which are overrated? 👇

BlackRock’s 2026 Global Outlook: Key Takeaways 🔹 Stablecoins are scaling 💵 They are increasingly used for payments, settlement, and cross-border transfers. In some emerging markets, they may function as alternatives to local currencies, with implications for bank deposits and credit transmission. 🔹 Crypto’s role is shifting 🔗 The focus is moving from trading toward infrastructure: payments, liquidity, tokenization, and settlement. Crypto ETFs signal institutional acceptance, but the core development is at the infrastructure layer. 🔹 AI is the primary macro driver 🤖⚡ AI is capital-intensive and energy-constrained, with the potential to reshape productivity, investment patterns, and geopolitics at a scale comparable to major historical technological shifts. 🔹 Market concentration is structural 📊 Returns are increasingly driven by a small number of macro forces (AI, energy, geopolitics, and financial system changes) making “neutral” positioning and traditional diversification less effective. 🔹 Financial intermediation is evolving 🏦➡️🌐 Higher leverage, growth in private credit, tokenization, and stablecoins reflect adaptation to fiscal constraints, energy limits, and accelerated technological change.

🎄 Season’s greetings from the @PRIM3_VC team✨ As 2025 winds down, we want to extend our warmest thanks to our entire network - friends, partners, founders, and portfolio companies - who’ve been part of our incredible journey this year💙 This season, we wish you: ❄️ Peaceful holidays with loved ones 🎁 Bold ideas and successful launches 💫 And a bright 2026 filled with growth, resilience, and opportunity 🎅 Merry Christmas, Happy Holidays & a thriving New Year!

Backing projects isn’t about following hype, it’s about spotting teams that deliver real results. @xyro_io is doing exactly that. Here’s why we’re excited 👇

2025 has already minted 80+ new tech unicorns! ▪️80+ startups hit $1B this year, a rebound after 2 slow years ▪️AI leads, but unicorns span satellites, robotics, healthcare & fintech ▪️Most founded ~2018, hitting $1B by Series C; execution > hype ▪️Many outside Silicon Valley: Europe, India, East Asia ▪️This wave is powered by revenue, adoption & tech strength, not just hype

AI startups, take note: the recent investigation showing 73% of companies exaggerating capabilities is a wake-up call. Using APIs or existing models isn’t bad, but claiming them as your own tech is. 👉🏼 Lesson: be transparent. Show what’s built in-house vs. integrated. Integrity matters more than hype. Clear, honest startups stand out, attract investors, and survive longer in a crowded market. 🔗pub.towardsai.net/i-reverse-…