[perfect_kiss]

Thanks for discussion.

The mature and well architected tech stacks in traditional finance come from the economy of the scale, from where also comes funding as you metioned. Crypto currently has the blockspace problem which prevents from scalability. So, while there are some well performing companies in crypto (dozens of them), there are much more companies in traditional finance, just because of scale.

The problem of blockspace have been solved in smaller networks with use of sharding, and will be rolled out to bigger networks in form of upgrades. If the world does not see regulation uproar banning crypto everywhere in coming years, crypto will endure true economies of scale. Think every PoS app, every B2B payment gateway, every web application in the wild accepting both Visa and crypto based payments, with crypto fee -- and price -- being less. I don't see how traditional finance can withstand this challenge. IMO this is also like BBS forums vs. Web technologies in 90s. I say it as someone who worked on parsing and producing Mastercard related file formats, and also worked on enterprise crypto applications. While I agree right now the crypto is laughable from many aspects, so it was the web in it's early years.