The "transparency" many layer ones provide will never be common

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Jarno (DM's with VM's 🤪) 🪀 The Quamfy Show

The "transparency" many layer ones provide will never be common

suit for T1 enterprises and banks. Never. It's the utopia crypto bros brag about when it comes to their shitcoin projects, but what REAL partners do they have? What's their societal impact? How would you feel if you're contract and the transactions that your company does (you are a public s&p 500 company/ bank) and all your data is shared real time, every transaction is tracked. How does that help your competitive edge? What does the sec say if all your moves and contracts can be front-run? It's a utopian dystopia paradox to have everything on chain and transparent. It will never ever happen.

#cryptocurrency #english #quant

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02.05.2023