_gabrielShapir0(@lex_node):"crypto" has largely forgotten its purpose, which is to empower individuals at the expense of intermediaries...that's because the intermediaries are the last remaining exit liquidity, so we can't disrupt them or they will not buy our bags. . . . massive catch-22 as an industry. the highest-$-value use case--tokenized stocks, etc.--hangs in the balance, and so far the "industry" is massively supporting cosplay intermediary tokenization instead of trying to disrupt and destroy the incumbents using this technology

2026.07.07 12:02

"crypto" has largely forgotten its purpose, which is to empower individuals at the expense of intermediaries...that's because the intermediaries are the last remaining exit liquidity, so we can't disrupt them or they will not buy our bags. . . . massive catch-22 as an industry. the highest-$-value use case--tokenized stocks, etc.--hangs in the balance, and so far the "industry" is massively supporting cosplay intermediary tokenization instead of trying to disrupt and destroy the incumbents using this technology

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