The latest episode of @bankless really has me thinking Austin is right. A 🧵 BTC is natively digital, there’s no corresponding real world equivalent for a government to seize control of But with a RWA that’s different. The state of the blockchain must remain in sync with the state of the RWA in meat space.
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Guys, (not so?)simple question. How do I get farmers at my local farmers market Onchain? They have QR codes, they have Tap, it’s already p2p, it’s expensive as hell. Does this come to a screaming halt because of customers needing KYC? Could a Credit card payment could be tokenized? Am I missing something?
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Can someone poke holes in my thought experiment? Why can’t ETH LST and LRTs require a higher deposit than 32 ETH the higher the market dominance is? Can there be a correlated relationship where lower dominance = lower barrier to entry?
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