@fintechfrank What changes? The underlying thesis is the same. Bad actors don’t define the merits. Set backs? Most definitely. But democratizing financial access has never been an easy mission. I am recklessly optimistic about the future.
US equities have mkt cap of $46 tn. But only 150 mil US people are stock owners.
Crypto has mkt cap of $1 tn, but 300 mil people world-wide own crypto.
However chaotic, this is the largest democratization of capital ownership humanity has ever seen.
Keep the long view in mind.