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RE: The Traditional Stock Market is Redundant
You have some nice points but also some reasoning I always see in crypto discussions. We want it to happen because it would be beneficial for all of us since we are the early adopters.
I'm in crypto for some years now and apart from the valuation I don't see any exponential growth. It all remains in the crypto area or some kind of gimmick.
Where are all the great projects that could be world changing like claimed alot in crypto land.
For me it's still a great invention looking for a problem that needs to be solved. But still a great invention :)
Look harder.
What you do when you want to buy shares in a company listed on a foreign stock exchange? What if you only want a small share? What if you can't afford the brokerage fee?
There's 3 problems and I wasn't even trying :)
I can buy any share I want today :) What is the use of only a small share ? There is always a fee :)
But I see where you are going. It is true but for me it's not important enough to move the needle...