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Etheraider
@etheraider
How do you foresee permissionless blockchains like Ethereum coexisting with future centralized CBDCs/infrastructure on the rise?
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Thomas
@aviationdoctor.eth
I'd be very interested to read answers as well. My take is that large sovereigns will never accept losing authority over issuance policy, and we'll see a split between top-down centralized infra for hard money and permissionless for the creative and soft-money (gaming, licensing, etc.) economy 300 $degen
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Etheraider
@etheraider
Do you think permissionless custody/transacting will become illegal/portrayed as illicit in the mainstream?
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Thomas pfp
Thomas
@aviationdoctor.eth
I very much expect any money mover that's not KYC/AML compliant to become illicit once it reaches critical mass, yes. That includes blockchains used for transactions and settlement of money-like tokens. Compliance will be the price to pay for actual mainstream adoption IMHO
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Catabolismo
@catabolismo
I tend to believe they'll coexist for quite some time. One system for top down matters of old school institutions, and the other for grassroots activities, with some ecosystems operating as bridges between the two worlds.
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Marwan ♋️
@marwan1337
Given the success of Bitcoin ETFs here in the US, I worry that the centralized powers will attempt to trivialize decentralized blockchain projects as abstracted asset classes and keep the concept of asset self-ownership out of the masses’ conceptual framework.
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