South Korea is preparing to bring $5 trillion worth of investable assets in its stock market on-chain, while the U.S. is preparing to bring $70 trillion worth of investable assets in its stock market on-chain.
It feels like it will be hard to distinguish between crypto and stocks in the future. Once stocks, bonds, the U.S. dollar, and funds are all tokenized, the boundary between crypto and traditional finance may lose its meaning altogether.
Perhaps the first core significance of blockchain is that it maps the real world into a miniature world on-chain.
When hundreds of trillions of dollars’ worth of investable assets migrate on-chain, a massive wealth effect will naturally emerge, creating opportunities unique to the younger generation around the world.
$BTC $ETH #btc #eth
It feels like it will be hard to distinguish between crypto and stocks in the future. Once stocks, bonds, the U.S. dollar, and funds are all tokenized, the boundary between crypto and traditional finance may lose its meaning altogether.
Perhaps the first core significance of blockchain is that it maps the real world into a miniature world on-chain.
When hundreds of trillions of dollars’ worth of investable assets migrate on-chain, a massive wealth effect will naturally emerge, creating opportunities unique to the younger generation around the world.
$BTC $ETH #btc #eth