@CryptoParadyme The bet is on tokenization being their only way out, they need structural demand for stables
In order to get this they need max tokenization of equities asap
Bet moar
@zeroxkyle In order to prop contain interest rates you need stable coin demand, in order to generate stable coin demand you need quality assets on chain
BP leading the charge
The thing is that’s not where it’ll end, real estate, private companies, IPO, etc.
Much much higher
@cburniske equities is the tip of the spear, capital formation, real estate everything will be superior... equities will be the first to fit inside your backpack
@R89Capital imagine this blowing up and coinciding with another entrant into the market as a compliant firm with much better tech
just so happens clearing house license likely comes in Jan/Feb trimeframe for said firm
@based16z I prefer the new compliant exchange play seemingly directly aligning with when this blows up to get their clearinghouse license and likely entering US
so Coinbase is going to get hit with a massive lawsuit for losing 1B in customer funds, BP is just about to hit the US market.. things could get interesting here
It’s tough being a 3 cycle warrior. I’ll swap notes on my ROI for yours if you’d like. I’ll be transparent, I hit ILV first cycle and Sol Last cycle. Wyd?