# Stacking
[An influencer by the name of Balaji bets on the outcome surrounding Bitcoin](https://twitter.com/balajis/status/1636429773865095168), and suffice to say, it’s grabbing everyone’s attention. As many people are debunking his play as creative marketing, saliency bias is known to have powerful effects. For example, Elon Musk remains notorious for having affected the price of DOGE during the last bull run for mentioning it on live TV.
Regardless of how effective the campaign is, the media profile asks a good question.
# Who do you trust?
[Are you confident in banks?](https://www.coindesk.com/consensus-magazine/2023/03/13/bitcoin-was-built-was-for-this-moment/) The government? Or technology?
I, myself, trust stacking:
- experience
- habits
- value
I took down some ideas about narratives during the bull market. I stumbled upon liquid staking as the Shanghai update to Ethereum liberates liquidity. Different protocols seek to assist with staking the unlocked capital. Aside from the technical analysis, this sector outperformed Bitcoin despite the past week’s stellar performance.
I gleaned from larger opinions that ‘sticky’ protocols as well, those that managed to stay afloat and relevant since the last bull market stand poised to re-enter the spotlight. HIVE, for example, celebrates three years as a platform. NEXO and 1INCH have apps already, but UNI plans to release one as well.
The focus is protocols with vertical integration underway or already operating.
Capturing consumers by offering services inline with their work is a key sign of a solid performer in the coming months.
Layer 2’s, as well, building blocks on top of Ethereum, the technologies meant to help it scale hold promise, as they continue on their progress which brought market activity last year.
<center><sup> As I author this article, [ImmutableX tweets about a collaboration with Polygon](https://twitter.com/immutable/status/1637877711346753536?s=28&t=onTOBpNkEiQOidAJmgOJZQ), a horizontal integration for gaming in web3. </sup></center>
Oddly enough, the people around DOGE still iterate regularly, with the BONE token from ShibaSwap catching limelight.
Optimism and [Arbitrum, with its airdrop to proceed this week](https://messari.io/report/governor-note-the-launch-of-arbitrum-governance) make notable centers of investment. Services on these chains that fit the description of verticality, having parts of business that concern more of the supply chain within their line, are good ideas.
<center><sup> Make the road by walking, like this man here. </sup></center>
# DAO’s in Business
The role I play in the decentralized autonomous organization within my city is communicator, even maybe dot connector. I want my state to advocate for legislation in the space of blockchain technology. Offering information along with my freelance work, whether I write or photograph would support the onboarding process of people like me.
Experience has taught me [a few lessons that mirror some here, from ChatGPT](https://www.coindesk.com/consensus-magazine/2023/03/18/3-lessons-web3-founders-can-take-from-chatgpts-success/) and its success.
People don’t care how it works. They would rather see what it can do. Data says enough, but is it the right thing? In short, the sector is NOT the selling point. The ease, beauty, even the subsequent attention or praise is why photoshoots are cool. The alternative to exploitative models is cool.
The details can’t be made easier to understand, only more relatable. The banking crisis is like a friend who flashes having money on Instagram, but then needs you to spot them at dinner. HIVE is where you share your work and people reward you, like if every post was a GoFundMe or Kickstarter. Patreon without the pay cut.
# Post Summary
- Stacking crypto is like building a sandwich. The accumulation of good sense is experience. Stacking pennies makes cents.
- People are stacking up on Bitcoin lately. Conversely, they’re tossing out old banking stocks. Tired of what they’ve been fed, more and more news buzzes about blockchain lately.
- The important places to invest your time, to me, are within your community and your expertise. I’ve run around trading, TA, consensus mechanisms, NFT’s, DAO’s and governance for six years. This year might the first one I focus my efforts, one at a time.
hiveblocks