We will end up using good old banks to hold those assets… at least the regulations make them solvent.

We need to read history and see what happened when the banks weren’t regulated enough and we are letting the crypto zoo run free and bankrupt many people.

Such a bliss the “we don’t need traditional ecosystem to thrive”.

I know how this is going to end, we will replicate the finance ecosystem into the cryptosystem.

I still remember the “don’t be evil” slogan in google, let’s give random people the power to store all our crypto investment and let’s see what happens…