Wall Street’s Worst Nightmare: Permissionless Capital Markets Go Live
Forget waiting for regulatory blessings—decentralized finance just cut the red tape. Blockchain-based markets are now operating 24/7 with zero gatekeepers, while traditional finance still charges $9.95 per trade and takes three days to settle.
No more begging for access
Want to issue a bond? Launch a micro-derivative? Trade tokenized real estate at 3AM? The infrastructure’s live. No investment banks skimming 7% on the spread, no compliance officers delaying launches for ’review.’ Just code executing exactly as written—for better or worse.
The irony? While SEC commissioners debate custody rules, a teenager in Jakarta just leveraged cross-chain swaps to arbitrage Thai baht stablecoins against Brazilian debt tokens. The future’s already here—it’s just unevenly distributed (and heavily shorting legacy finance).