# Crypto Thesis for 2023 | Ryan Selkis

*Author: Ryan Sean Adams, David Hoffman*
*Published: Dec 22, 2022*
*Source: https://www.bankless.com/crypto-thesis-for-2023-ryan-selkis*

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Every year, Ryan publishes a massive document that wraps up the year in the industry, and looks forward to what’s coming next.

After an insane 2022, what does 2023 hold in store? Ryan Selkis of Messari brings the answers.

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### TIMESTAMPS
0:00 Intro

7:00 Pain

10:05 Crypto is Still Inevitable

16:00 Surviving Winter, Redux

20:10 Who to Watch

26:30 How People Fall

32:20 CeFi Contagion

40:30 Institutional Capital

47:00 SEC vs ETF

51:30 SBF and Crypto Policy

1:03:00 Bitcoin

1:07:40 Smart Contracts

1:11:45 ETH Killers

1:15:00 DeFi Trends

1:19:30 DAOs and NFTs

1:24:00 Back to Crypto

1:26:30 The Block and crypto Media

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#### RESOURCES
- [Crypto Theses for 2023](https://messari.io/crypto-theses-for-2023)
- [Ryan Selkis](https://twitter.com/twobitidiot)
- [Messari](https://messari.io/)