Brian Armstrong published a list of 8 things the global financial system still needs to fix.Most of the coverage stopped at the list. Here is an honest assessment of where each one actually stands.
For anyone allocating capital, the relevant question is not whether the direction is correct.
It is where you are in the transition, what risks accompany that position, and whether your exposure matches the actual stage of development of the infrastructure you are relying on.
Full breakdown in this week's DEXENTRAL newsletter.
Powell's full economic record. The legislative environment. What Warsh actually means for capital allocation in digital markets.
Link in bio.
Jerome Powell just handed over the Federal Reserve after 8 years.
The person who replaced him holds equity in a Bitcoin payments startup, a stablecoin project, and a crypto index manager.
That has never happened before in the Fed's history.
The transition is not just a personnel change.
It is a Fed chair who is openly comfortable with digital assets arriving at exactly the moment Congress is attempting to pass the most consequential crypto legislation in history.
That convergence is worth understanding structurally.