My prediction is that the blockchains are going to eat all of this stuff actually.
Smart ethereum contracts based on chainlink data are going to be the new financial instruments. You are already seeing the fertilization of this with stuff like makerdao.
I know it’s annoyingly to talk about the blockchain all the time, but unfortunately I think I may have become a true believer. I don’t think human “financial advisors” are going to be able to outperform these sorts of funds.
Also: deregulation (or difficult to enforce regulation) is going to allow a LOT of innovation to happen. How long until some 17 year olds create a token which represents the consumer side of a fund? And then how long until the funds strategy is codified into a smart contract and runs on its own?
Smart ethereum contracts based on chainlink data are going to be the new financial instruments. You are already seeing the fertilization of this with stuff like makerdao.
I know it’s annoyingly to talk about the blockchain all the time, but unfortunately I think I may have become a true believer. I don’t think human “financial advisors” are going to be able to outperform these sorts of funds.
Also: deregulation (or difficult to enforce regulation) is going to allow a LOT of innovation to happen. How long until some 17 year olds create a token which represents the consumer side of a fund? And then how long until the funds strategy is codified into a smart contract and runs on its own?
It’s going to be a wild time.