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@DenelleDixon fireside with Anthony
@Scaramucci had a lot of good takeaways.
Here are the key ones:
- Scaramucci thinks tokenized assets onchain will rise from ~$39B to closer to $100B in a years-time
- Denelle asked if companies ready for equities onchain? Scaramucci says those opting out are a result of "regulatory pressure" as people "don't want to go infront of congress"
- "But equities is where the excitement is and volaitiltiy is. If you get these stocks onchain and tokenize these stocks...then it's full adoption. Once you get it up and running and prove all those fears are wrong then you'll get a tsunami of adoption."
- They discussed how Stellar having safe, final, secure transactions within hours, and removing intermediaries opens the question of: how much technological innovation would that unleash? He argues it opens "unbelievable amounts of economic innovation."
“If you had better technology there's resistance…but better technology gets adopted.
If you're going to trade 24/7 around the world…some people say it'll be more risky but I argue it doesn't...
Long term it'll reduce volatility.”
- Scaramucci