FMAS:25 Panel Issues Stark Warning: ’Externalizing Crypto Transactions Would Cripple Innovation’
Crypto's next big bottleneck? Bureaucrats clutching their pearls over transaction externalization.
At FMAS:25, industry heavyweights dropped a truth bomb: forcing all crypto transactions onto external systems would kneecap decentralization—and hand power back to the very institutions blockchain was built to disrupt.
Here's why the 'compliance-first' brigade is missing the point...
Transactions would slow to a crawl. Fees would skyrocket. And the real kicker? TradFi middlemen would suddenly regain control—just like they've been quietly lobbying for all along.
Next time someone claims externalization 'protects investors,' remember: in finance, every compliance demand conveniently doubles as a moat for incumbents.