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$100 Trillion
Crypto is designed to break down barriers, allowing the best money to rise to the top. We see this behavior in stablecoins, where >99% of stablecoins are US dollars. There isn’t a whole lot of organic demand for fiat currency #109. Many people are artificially restricted from holding dollars offchain, which is a major reason for the success ... See more
Jon Charbonneau • L1 & L2 Token Value Capture - DBA
3) Crypto is having a real-world impact
a16zcrypto.com • Introducing the 2022 State of Crypto Report
Now, says Gün Sirer, Joe Public wants a piece of the action, and the tokens craze gives him a way in. Why is he demanding it? “Because the public currently has no good places to park its money. They need returns. The banks are giving them one, two percent at most.