Lily's take is dead on. Self sovereignty is a key component of blockchain's value prop. While many users may not care about self sovereignty today from a theoretical/philosophical standpoint, they absolutely care about what it means in practice for their money We've all had transactions reversed by our banks, freezes on accounts, funds held for 'review' with no timeline... These are features of the current system, where access to your own capital is a privilege granted by intermediaries In a world where corpo chains gain traction, this concept of self sovereignty becomes even more valuable, not less. Curated access and centralized control points will inevitably reproduce the exact dynamics we're supposed to be moving past.

Lily Liu
@calilyliu
03-14
Blockchains are tech for finance.
The moonshot that Bitcoin originally proposed, that many of us came to build, has gone by many characterizations over the last decade: open finance, decentralized finance, internet of money, tcp/ip for money to name a few.
All point to the
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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