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The Problems with DeFi & Crypto | Lyn Alden

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Is There a Future for Tokenized Trading?

The general direction is towards digital tokenization of dollars and other types of assets. I do think that overall things that host stablecoins for practical kind of non speculative purposes will probably gravitate towards whatever's cheap, whether it's higher layers or just kind of like rails that are similar to blockchains, but not necessarily block chains. And so if you have tokenized trading, I think the fees are going to push down very, very low and assets will migrate to wherever the fees are cheap. We can also talk about kind of total adjustable market with hundreds of trillions of dollars in the world. It's like money is really bad everywhere. So they're all kinds of local currency barter systems

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