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Consider the economic inefficiency: we’re effectively rebuilding payment processing capabilities that already exist, function at scale, and connect to virtually every merchant and consumer on the planet.
False. You should travel more.
Blockfi and Nexus are not the ideal companies to be working towards.
I will say that a lesser vision for Bitcoin's future would be to act as some kind of backend SoV. A highly colateralized fiat bank could offer high interest rates to their customers by simply buying bitcoin with their deposits. Over time bitcoin appreciates more than the interest paid out as long as they can stay solvent during bear cycles. This would be a bit of a let down for something with so much more potential though.