It's interesting to see so many arbitrary restrictions being removed. Access to the stability of America's financial system could really be game changing for much of the world.

Undisciplined

there's just not that much capital controlled by people who are open to bitcoin or other revolutionary technologies.

Slowly thats going to change. The sole reason I'm hopeful that the CLARITY act passes is because its going to force lots of hands.

Once IBM stock + GLD ETF is traded as a token, its going to force bitcoin to become a member of many digital baskets.

To be clear, I think "blockchain tokens" are just another scam, but I'm cheering it on because of the trojan horse aspect of bitcoin becoming the sponge that eats all capital.

By the way, an under-reporting aspect of CLARITY act is that just like the argument for stablecoins is that it enables some dude in Africa with only a phone to hold US Dollars, the same is true for stocks. Why wouldn't GOOG want some dude in Africa to buy their stock? That is to say, there is massive structural incentives for this to happen....

Stacker_Stocks

econ

Clowns, Saylor, and the Great Brotation (Financial Times, Madam Tooth)

denlillaapan

>there's just not that much capital controlled by people who are open to bitcoin or other revolutionary technologies.

I think thats a valid take. 

Slowly thats going to change. The sole reason I'm hopeful that the CLARITY act passes is because its going to force lots of hands. 

Once IBM stock + GLD ETF is traded as a token, its going to force bitcoin to become a member of many digital baskets. 

To be clear, I think "blockchain tokens" are just another scam, but I'm cheering it on because of the trojan horse aspect of bitcoin becoming the sponge that eats all capital. 

By the way, an under-reporting aspect of CLARITY act is that just like the argument for stablecoins is that it enables some dude in Africa with only a phone to hold US Dollars, the same is true for stocks. Why wouldn't GOOG want some dude in Africa to buy their stock? That is to say, there is massive structural incentives for this to happen....