THE BLOCKCHAIN IS TAKING HOLD OF THE WORLD
We know that the blockchain is taking hold of the world and a lot of money from real-world assets is going to be onboarded into the blockchain. We are already seeing central banks look to move their fiat systems and operate them on the distributed ledger. Also, Larry Fink thinks we are moving into the era of tokenized assets, where everything is going to be tokenized and put on the blockchain. We are already seeing huge advancements in the space whether it be through smart contracts or CDGC or government bonds.
The technological revolution is going to change everything and when we talk about real-world assets, we are one trillion-dollar market that is going to service potential hundreds of trillions into the future. I'm talking about next year, I am talking 5 to 10 years down the line. You just have to capitalize on that evolution because this market is still in its infancy. The only thing holding it back is regulatory clarity and that department is heating up. We have seen the bank of international settlements release papers which in the bank of England that talk about public money and how we can run money on a public blockchain. We are just waiting for the step to take place and then it is a go time for the crypto market. The Bank of International Settlement actually releases a paper where they said they would allow Central Banks and Institutions in general to hold a certain allocation of crypto depending on what type it was. That is all still to come and it is coming, you just have to be on the right train before it leaves because it will come so fast once we get that regulatory clarity.
Really a nice post. I know about blockchain and Crypto market more by reading you post. Thanks for this kind of information.