SEC chairman said it in person today: he hopes all US stocks will be moved to run on-chain, and the entire financial system is shifting toward Bitcoin and cryptocurrencies. $BTC

A few years ago, it was still 'an unregistered security'; now the same prospectus, moved to a different chain, is called financial innovation. This face-turn is faster than the $ETH K-line.

Crypto people have been laughing for years about 'going on-chain'—in the end, regulators were the first to learn this term.