Agreed. The upper estimate is that only 5% of money laundering goes through crypto.
If we can somehow kill off the bulk of the pump and dump nonsense and discourage speculation, maybe we can get somewhere with crypto.
First wave was ICOs
Second wave was NFTs
Third wave was (is) memecoins
Are the waves are getting smaller?
Next wave is real-world asset tokenization. I think we'll see more and more shifts to useful applications as the tech matures.
People tweeting stuff. We allow tweets from anyone.
RULES:
Agreed. The upper estimate is that only 5% of money laundering goes through crypto.
If we can somehow kill off the bulk of the pump and dump nonsense and discourage speculation, maybe we can get somewhere with crypto.
First wave was ICOs
Second wave was NFTs
Third wave was (is) memecoins
Are the waves are getting smaller?
Next wave is real-world asset tokenization. I think we'll see more and more shifts to useful applications as the tech matures.