Solana Exec Drops Truth Bomb: Blockchain Could Rescue Dysfunctional Markets
Forget Wall Street’s middlemen—decentralized ledgers might finally cut the red tape strangling global markets. A top Solana strategist argues blockchains can replace archaic settlement systems, slashing costs and delays. ’TradFi’s spaghetti code of regulations and intermediaries is begging for disruption,’ they say.
Speed vs. red tape: While legacy finance takes days to settle trades, Solana’s network finalizes transactions in seconds. The exec points to DeFi’s explosive growth as proof markets crave efficiency—even if regulators still can’t tell a wallet from a spreadsheet.
One cynical footnote: If blockchain fixes markets, maybe bankers will finally have to work for their 2-and-20 fees.