In the future, crypto exchanges as we know them today will not exist. The ones that do survive will be the “Neo Banks” of tomorrow like Coinbase and Uphold.
Traditional Finance will absorb these institutions and become them. Don’t be surprised when Blackrock buys Coinbase,…
65
226
1K
Replies
@ChadSteingraber
I know first hand a number of banks already working on crypto integrated wallets, except not ERC20 tokens, instead fiat tokenized on blockchains. Bank systems are complex and the compliance around them costs billions. When it's on a blockchain, there is no longer trust required…
24
46
234
@ChadSteingraber
Excellent post Chad and you're 100% correct. They want it all. This is their plan with Gensler running point. Also, keep an eye on NuBank. Buffet and Berkshire Hathaway have a huge investment in it.
1
0
4
@ChadSteingraber
I always talk about
@uphold
as being our new Bank of the future when I'm talking xrp to my friends and telling them how to buy it.
1
0
8
@ChadSteingraber
Very very very few people imagined that a phone can be used to take pictures before 1999. It wasn’t in most people’s realm of possibility.
1
0
21
@ChadSteingraber
Agreed, Don't Forget that they don't Call XDC the Platform of Platforms for no apparent reason either $XDC
#XDC
They be there, They're also already Backed by a Metal too! Like Gold & Silver on XRP/XLM... Fun Fact I bet a lot didn't know either that XDC is actually backed by…
3
1
7
@ChadSteingraber
In the same sense, Bitcoin is a crypto that does not toe the line. It serves no purpose. You may as well trade 21,000,000 bottle caps. It has the same value... None!
0
0
4