#19 - Jesse Pollak

Bullish:

• $BASE - Base, an Ethereum layer two solution, is attracting thousands of builders worldwide and is expected to significantly increase economic freedom, innovation, and creativity globally.

  • “Base is one of the largest change in the world. It's an Ethereum layer two. There's thousands and thousands of builders all around the world who are choosing to build on Base, help us build this global on chain economy that we think is gonna massively increase economic freedom, innovation, and creativity around the world.”

    Jesse·1:55
• $SOCIALFI - Coinbase is heavily investing in social finance features, particularly integrating Farcaster into Coinbase Wallet, indicating a strong belief in the potential of SocialFi.

  • “I think Forecaster is the second one. We've invested a lot in Forecaster, from a a community perspective, and we're actually in the process right now of integrating a Forecaster feed in many apps into Coinbase Wallet. And so Coinbase Wallet is gonna be evolving to to have a full social feed, to have mini apps built into it”

    Jesse·23:38
• $STABLES - Local currency stablecoins are seen as crucial economic infrastructure enabling broader participation in the on-chain economy, with about 15 different local currency stablecoins already available.

  • “Right now we have about 15 local currency stable coins, the Kenyan shilling, the the Mexican peso, the Canadian dollar, obviously, the US dollar, the euro, the pound, the Singapore dollar, you know, the list goes on and on and on. And that is economic infrastructure that can enable people to come on chain, to start to build, to start to create”

    Jesse·24:41
• $COIN - There's speculation about the potential impact of bringing Coinbase stock (COIN) on-chain, with curiosity about how it might be valued compared to other on-chain tokens.

  • “One of the things I'm really curious about is if coin comes on chain, does it get massively marked up like every other kind of token that lives on chain, or does it bring fundamentals into the on chain space and say now every other token needs to be compared against coin?”

    Jesse·26:32

Bearish:

• $TECH - Chinese hardware companies, particularly in the automotive sector, are outperforming global competitors, potentially threatening the market position of non-Chinese hardware companies.

  • “Chinese hardware has gotten so good and they're so much better than everybody else that if you are even Elon is amazing and our greatest entrepreneur of all time, Has BYD really giving him a run for his money abroad? It's outselling him in many jurisdictions.”

    Balaji·47:57