Alex Palmer pfp
Alex Palmer
@thatalexpalmer.eth
GM Tokenized securities gaining mindshare today are 1. Same as back in 2017 and will fail 2. Not the same as back in 2023 -> (pls elaborate)
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yehoshzl pfp
yehoshzl
@yehoshzl
2. Not the same. We've semi learned that tokenization doesn't help decentralization but can help reduce transaction costs as long as the oracle is trusted. That's what tokenized RWA are about, lowering friction on financial ledgers via trusted 3rd parties. Far cry from original crypto ethos but still valuable.
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Axel πŸŽ©πŸ§€β†‘q/dau pfp
Axel πŸŽ©πŸ§€β†‘q/dau
@xlmtbr
Also different macro environment. Was hard for RWA to compete in terms of yield in a low interest rate environment. Holding t-bills is now a much more attractive option from a risk/return perspective for anyone who wants to hold their assets on-chain.
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Mark Fishman pfp
Mark Fishman
@markfishman
@survey
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