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Morgan Stanley: Could A Banking Crisis Drive Adoption?

Empire

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The Importance of Execution in a Financial System

I think that money will eventually flow where the liquidity is. But you can't have liquidity until the products are actually good enough. Eventually there will be new products that can only exist in an on-chain world. And I think that just takes a long time. Hopefully it gets sped up by an administration and regulators that are supportive of a fully, like an open and transparent financial system.

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