[marvinkennis]

I've been very skeptical, but recently come around on my position. There are a lot of abstract ideas on why crypto is a good thing (permissionless, decentralized, censorship resistant, anonymity etc etc), but I personally wouldn't bet against it for the sole reason that it massively increases developer and innovation velocity. It is financial infrastructure where innovation can happen at a fast and almost uninhibited pace. It's the path of least resistance for engineers that want to build financial products. Moving "value" at the *core* layer of infrastructure has never been this easy.

Whether you like it or not, financial infrastructure powers our world (chicken nuggets wouldn't be possible without hedge funds, all large corporations eventually pivot into financial services etc), so having a network where innovation of this infrastructure and the products built on top can happen at a faster pace is incredibly compelling. It's a matter of time before most of the new and compelling products and services show up in crypto before TradFi (because easier they're easier to build there), which will in turn onboard more users into the ecosystem.