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every single financial innovation since 2020 was driven directly or indirectly by crypto
directly:
> stablecoins
> tokenization
> perpetual futures
> prediction markets
> nakamoto consensus
> automated market makers
indirectly:
> instant bank settlement
banks were forced to match 24x7 and T+0 expectations
> embedded finance
wallets trained users to expect financial actions inside any app
> bnpl
exchanges normalized instant risk-based credit at checkout
> ai underwriting
defi lending introduced real-time collateral and liquidation engines
> open-banking payments
defi composability proved programmable account-to-account transfers