The Institutional Dilemma
A couple of years ago I was deep in the usual crypto rabbit holes—DeFi yields, new L1s, the whole circus.
Then one night I started reading about how institutions actually move money and securities. The friction, the custody chains, the fact that everything sensitive sits in closed systems… it felt broken.
Privacy was treated like a bug, not a feature. Compliance was something you bolted on later.
Most institutions want blockchain. They just can't use the ones that exist today.
Radical transparency works fine for crypto natives. It kills regulated finance.
Picture a fund manager settling a bond trade. The speed and finality sound perfect—until you realize every balance, every counterparty, every position sits in plain sight on a public ledger.
Competitors map your strategy in real time. Clients walk. Regulators need access, but the market doesn't need a front-row seat.
That's when I stumbled on @Dusk_Foundation
What they're building changed my entire perspective. More on that in Part 2 👇
#defi #dusk $DUSK
A couple of years ago I was deep in the usual crypto rabbit holes—DeFi yields, new L1s, the whole circus.
Then one night I started reading about how institutions actually move money and securities. The friction, the custody chains, the fact that everything sensitive sits in closed systems… it felt broken.
Privacy was treated like a bug, not a feature. Compliance was something you bolted on later.
Most institutions want blockchain. They just can't use the ones that exist today.
Radical transparency works fine for crypto natives. It kills regulated finance.
Picture a fund manager settling a bond trade. The speed and finality sound perfect—until you realize every balance, every counterparty, every position sits in plain sight on a public ledger.
Competitors map your strategy in real time. Clients walk. Regulators need access, but the market doesn't need a front-row seat.
That's when I stumbled on @Dusk_Foundation
What they're building changed my entire perspective. More on that in Part 2 👇
#defi #dusk $DUSK