John Gillen: Crypto thought Wall Street would get "absolutely trucked by DeFi"... Wall Street thought crypto would "scam itself into oblivion." Neither happened... What's actually playing out, according to BlackRock's head of digital assets: "a hybridization between these two." John argues this isn't a final state, but a progression. The strong crypto thesis still wins, just not overnight. "It's a long progression of society from legacy systems" toward something more open and secure. FT @BitcoinJesusETH @TrustlessState @CamiRusso @DefiantNews @MilkRoad.
