liquid retweeted
J.P. Morgan Asset Management’s base case projects Bitcoin to outperform U.S. stocks, bonds and gold over the next decade. Wall Street is doing the math.
liquid retweeted
A better way to transfer value globally
~ efficient traditional transfers
~ store of value transfers
~ programmable transfers
liquid is where money moves and holds its value.
One treasurer keeps everything in a money market fund and hopes it keeps its value.
Another buys bonds, but inflation eats away at the real return.
Another puts some money into bitcoin and lets its fixed supply work in their favor.
Ten years from now, the board will compare the results.
Who do you think comes out ahead?
liquid retweeted
Replying to @obchakevich_
Stablecoins as payments is not the whole story. They create materially higher ROI for users because of the other services they unlock; yield, investing, credit underwriting for those who are unbanked, and programmability for companies who operate globally
hot take: crypto and fintech are basically the same industry now.
stablecoins and blockchain rails ARE a financial technology.
crypto native companies are now launching cards, bank accounts, other financial products, while traditional fintechs are integrating wallets, stablecoins and blockchain rails at an unprecedented rate.
we’re watching both industries attack the same problems from opposite directions until they eventually meet in the middle.
crypto companies are becoming fintechs and fintechs are becoming crypto companies.








