“When you realize the difference in purchasing power it’s like ‘Yes, they are earning much, much less than an Australian salary’. But it also costs much, much less, to live here.”
High gas fees on the Ethereum network are making it nearly impossible for retail investors to interact with DeFi protocols but the same doesn’t apply to whales.
More than 53 blockchain projects have emerged as multi-billion dollar market cap crypto unicorns, a signal that the 2021 bull market is just getting started.