crypto = true democratization of finance  

fintech to date = APIs on top of APIs on top of old systems (built in the 1970s)  

crypto = replication of primitives and products of the existing system built on top of a new settlement layer

crypto = next generation fintech  

the kicker?  the two can and will coexist.  by marrying the "best of" traditional systems with a modern settlement layer, we will redefine global financial services for future generations

it started with the replication of complicated, highly structured investment products onchain. traditionally, these were reserved for funds, banks, HNWIs and UHNWIs; they're now available to the masses.    

its now making its way into FX, payments, credit/lending and much more.