Almost everything relating to blockchain, tokenization, stablecoins is being built on private blockchains by companies with way more inertia, financial and political power so their "the world will move on chain" thesis might be somewhat right but their stupid coins aren't going to profit from it.

This is the part that boggles my mind.

All of this jargon about "blockchain"... the entire reason for the complicated apparatus is that Satoshi was trying to solve the trust issue of decentralized money.

If we're just gonna use centralized services we don't need any of it.

It really mystifies me when people talk about "blockchain" and "tokenization" in the context of centralized services. Perhaps all they're referring to is inter-operability standards between banks?!