gm friends
I can't help wondering why Big Banks and Big Companies are not fully on board with the crypto revolution yet
And it's definitely not because of negativity or greed because they already have a ton of Bitcoin on those big ETF things and companies are just buying it up too
What it really boils down to is a simple matter of privacy
If you use a public blockchain people know what you're doing, who you're trading with, and how much money you have in your wallet
I don't think I could be a successful entrepreneur if every trade, every loan, and every payment I made was published on some giant digital billboard for my competitors to analyze.
That's why all of the big money is sitting behind secure custody desks, private trading desks, and specialized funds.
They want the fast rails and digitized assets, but they don't want their plans on display for everyone to see
I believe the next wave of money into this space will only come when we start building networks that keep secrets of business dealings secret by default
The rules are being written, the technology is speeding up, but until we solve the privacy issue it's going to be hard to get those big money players to come into the ring and start doing their thing besides watching us all haggle on the internet
#Privacy #CryptoAdoption #Web3 @Americanfort_io