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RE: LeoThread 2024-01-13 18:23

in LeoFinance5 months ago

Larry fink want to tokenize everything.

Ethereum? Probably that's why they've filed for an #ETF.

Well, if we compare #hive #tokenization with ETH.. how do you see where we are?

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He is right on the concept but wrong on who needs to do it. But Wall Street will take over unless the #crypto industry starts to build it.

crypto industry has been building but we always have a black swan like FTX, Luna like thing...

I dont consider centralized stuff to really be crypto. That is just another iteration or spin on the legacy system.

These black swan leaves bad impression for cryptocurrency and provide a chance to people for criticism who hates crypto

Its ok. If we do tokenize things and can get rid of banks. It doesn't matter which chain it is on.
Get it on chain 1st then we can discuss lower fees etc..