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6 tweets,
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Much of what cryptocurrency enables comes down to access. Being able to access markets you couldn't otherwise. Being able to access products you otherwise wouldn't have the means to purchase.
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In the United States we don't often stop to think about our good fortune to have access to assets that can appreciate in value. But much of the world is locked out of stock markets, bond markets, ETF markets, and the whole world of investment vehicles.
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In much of the world your options for what to do with your capital come down to: spend it on goods and services, keep it in your currency, or put it in local real estate. You don't have access to much else. Access to US stocks as an investment option would be a game changer.
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This is why @UMAprotocol's new USStocks product is so important. It is opening up people's access to these investment vehicles for the first time.
medium.com/uma-project/an…
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medium.com/uma-project/an…
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(Note I've got skin in the game here as an advisor to and shareholder in UMA!)
(Eat your heart out Taleb)
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(Eat your heart out Taleb)
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If you want to find crypto's product market fit look no further than the products that open up people's access to new assets & new markets. Bitcoin being the OG of course.
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