Signalclout #40: Are e-commerce on-ramps going to succeed?
Shopify's founder is joining the Coinbase board while Paypal struggles to grow crypto payments into a viable segment.
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Welcome to the 40th issue of the Signalclout newsletter.
Switching up the posting day of this newsletter. Will be posting this on Thursday instead of the usual Sunday postings now.
Markets are oscillating, and bears seem to be in control. At the same time, as I pointed out last week, the money flowing into the sector is not stopping. Bigger funds with a crypto/creator focus are entering the market every week, and all of this capital needs to go somewhere.
This week's news about the appointment of Shopify founder to the Coinbase board and the negative outlook provided by Payal made me pause and think about the subtle but significant shifts taking place.
In this newsletter issue, I cover the coming onramps and what that could mean for crypto adoption as a whole.
🪜 Mainstream onramps
Shopify's founder is joining the Coinbase board, and crypto-twitter started speculating what this could mean. We had these reports before when Amazon and Walmart opened blockchain and digital currency positions. While nothing has been announced, pieces are starting to fall into place.