@MrEmo

While @BlackRock is pushing full steam ahead on tokenized RWAs, the average person (retail) still largely considers crypto to be a speculative casino with no real world utility What is the best way to resolve this information asymmetry? > Stablecoins < Stablecoins are an incredibly powerful construct as they take a concept that people already intimately know (US dollars) and add a spice of something they don’t (blockchains) By sidestepping the whole existential “what even is money” question that arises when explaining Bitcoin and its derivatives, stablecoins puts forth a core point: Crypto is the superior way to represent assets Stablecoins allow anyone to transfer digital dollars to anyone else in the world with just an internet connection; transactions are settled in under a second and for less than a penny in fees No rent-seeking intermediaries, no bank accounts required, no oppressive capital controls, no multi-day settlement delays, no bullsh*t Once you start regularly transacting dollars in the stablecoin format, going back to TradFi banking services feels archaic This is ultimately where a Trojan horse effect comes into play Get someone to start transacting dollars via stablecoins and experience the superior UX of crypto-rails first-hand, and they will start to demand that every aspect of finance works this way Globally accessible, fully transparent, minimally extractive, always online, and resistant to manipulation I explore this perspective and more in my recent blog, take a read: chainlinkgod.com/p/the-troja… New article coming soon on the role #Chainlink plays within the tokenized asset economy, subscribe to get notified when it comes out 🙏