It is 😌

I believe the “decentralized version of blackrock” path is the best route to asset-backed currency.

My vision: the biggest DTF in 10-20 years will be the consensus store of value for the world.

I’d guess it contains equities from all major economies, BTC, gold, some bonds, some real estate, and some other pure crypto assets.

But we’re building a foundation on which any DTF can be built, and letting the forces of evolutionary capitalism determine what wins and what gets used as money.

I laid this whole strategy out here, if you are interested:My take is that we have to meet crypto where it is today and let the technology be used for what 2025 crypto participants want and what is legal to offer as of now, and that means focusing on baskets of pure crypto assets (RWAs have regulatory challenges, which we think will be resolved soon). If we wait for RWAs and perfect crypto laws we’ll lose momentum.

Hopefully this explains how the short term and long term connect, at least from my vantage point.