This is excellent and how I have viewed the crypto space over the last 12 months as well.
1/ Blockchains are not networks—they're cities. 🏙️ This simple mental model will help you understand why the L1 wars are evolving the way they are. New blog post + short 🧵 medium.com/dragonfly-researc…
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Jan 20, 2022 · 12:22 AM UTC · Twitter Web App

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#Bitcoin is the earths crust, the mountains, the land...and crypto (L1s, L2s, bridges etc) are the cities/towns.
How I see #Bitcoin vs web 3. #Bitcoin is the foundation we build on. #Bitcoin is calm and unwavering. Crypto is fast, changing, unpredictable, creative...
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#Bitcoin is your savings account. Crypto assets are your investment account Cash is your spending account. Doge coin is your lottery ticket.