Something like Stripe + Visa + Lightspark could grab a bunch of payments marketshare...if they actually let people do payments. But if they are going to be really good at compliance, I imagine that means they won't grab anywhere near the marketshare they could because compliance is the reason so many people can't do what they want with tradfi.
The question is how much less compliant will they be than tradfi, with the difference being their edge?
Well the compliance will be retroactive and only top-down; so anyone can sign up and buy muh stable. But you get no consumer protection and if the overlord decides you messed up you lose it all.
This seems like good news to me.
Something like Stripe + Visa + Lightspark could grab a bunch of payments marketshare...if they actually let people do payments. But if they are going to be really good at compliance, I imagine that means they won't grab anywhere near the marketshare they could because compliance is the reason so many people can't do what they want with tradfi.
The question is how much less compliant will they be than tradfi, with the difference being their edge?