When Blockchain becomes normal
The compromise centering blockchain currently is its lack of widespread adoption. We are seeing this gap beginning to close in any way. Institutions investors and firm and jumping in to graph this big opportunity. Indeed it will be a life saving one; the poor can become rich, the middle richer and the richer, you know where it ALL goes.
I was reading some articles in this ecosystem pertaining to the current adoptions of blockchain tech. To be crypto specific, one talked about what Wyoming States in the US has already achieved; creating their own stablecoins.
A big move indeed, one that tries to see CBDC off the window. It all depends how early other states can join in this fight anyway. My concern in this article is not the fight for dominance between stablecoins and CBDC. We have to first consider that this tech has been seen as an option.
Blockchain and crypto lovers are really enjoying what is going on in Donald Trump's era. The Fed becoming a pro-crypto, was anyone ever seeing this one coming? A lot of filing has become obsolete and we hope it remains so even after Trump is off the presidential seat.
I am imagining how the entire US economy will look like when every state issues its own stablecoins. There is a lot to talk about here; it will open doors to easier transaction channels.
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Areas like real world asset tokenization (RWA) will get much attention. How about Defi’s that will help open doors for upcoming entrepreneurs and investors alike. I have talked about this in my recent articles; the fact that more is coming.
I will be delving off from institutional activities into the individual effect of blockchain and crypto in the coming years. Of course, areas like AI and web3 will also get those positive boost.
Let's take for instance, backdating to three decades earlier, how easy was it to get a single photo? You will have to book the photographer some days earlier if not even up to a month.
A friend of mine discussed how he used to book his Mom's phone four days ahead just to have access to the Internet. We have seen the widespread use of smart phones and how it has made it seem like there is no difficulty in it at all.
You can take up to a million photos in a day if you have that strength, you can also spend all day on the internet, the choice is yours. Very soon, this will also be the fate of blockchain activities and I am looking at how cryptocurrencies will scale through this.
The advantage of this stablecoins adoption is enormous; more eyes is just one of them. We are going to be looking at an economy where an old man will be transacting from blockchain tokens without any hassle. Yes, it will be very normal.
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This is where the next phase growth will come in, there will be a massive explosion in the world of transactions. opportunities will emerge for internet users (smart internet users to be more precise) than never before. It still links back to easy payments and negotiation settling.
The financial market will be teeming with lots of cash inflows. I think a lot of tech stocks (blockchain, crypto, AI and web3) are worth the buy currently ahead of what is coming.
We can't doubt the fact that early adopters will have lots of financial hedge when everything unravels.
To conclude, let me add, more is coming even as we continue to see positive changes in this Trump's era. My focus is on normalcy; something that will be a global economic booster. It has hit the institutional markets and big firms are adopting. Who are this big firm feeding? A collection of individual consumers. Just as stated in the Wyoming stablecoins followup news, it will be incorporated into Visa payment.
How much sum of transactions does this firm pull out daily, weekly, monthly and yearly? We can't doubt the fact that this is a big name with a big customer base. They will in the process switch their customers mentality into new ways of doing online business/transactions.
I keep on saying, one has to be ready for what is coming. Blockchain, web3, AI and crypto will mint new millionaires in the next coming decade or a half. We have already seen this happen, it is just at its surface. Don't doubt when I add that even more is coming. The question is how prepared are you to cease this opportunity?.
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