Replies to post #320 on Solana (SOLUSD)

[stockvaper]

Cryptos (like SOL, ETH, ADA, etc.) that are vehicles for DeFi for example have a solid future.

Paper currency is going away. And with it, old financial processes.

Wealth representation by paper is cumbersome; Digital, i.e. debit and credit cards are replacing paper and metal currency.

Many financial processes that have institutional (banks) involved are more expensive and take longer than direct processes e.g. digital payments or money transfers, smart contracts,, decentralized public information and finances, etc.

Today, stocks represent ownership in most public companies. They're just a certificate of money invested. Crypto will eventually replace all stocks with company tokens; no stock brokers involved and trades can be globally 24/7.

This is just the beginning of paper processes and documentation to digital processes and online access to public information.

[stockvaper]

I also personally believe that BTC will continue shedding price. It's valued mostly on intrinsic value; similar to gold. It's limited to both transactions per second and the cost of same.

My investments are focused on wherever financial transactions are being decentralized. DeFi, direct digital payments and transfers. (i.e. no checks or legacy money transfers).
Also where mortgages and insurance should are digitized and decentralized. (Blockchain and DeFi).

SOL is a good investment in my eyes because it's one of the fastest, lowest cost, Def, NFT, etc. ETH and BTC are slower with higher costs.

If you think about all transactions requiring money anywhere for anything. then ask yourself if it can be done with minimal AI and not a human, and would it be better if all that company's, bank's, or institution's legacy systems should be linked together and accessed (with permissions) real time 24/7, anywhere on the globe, then that's a qualifier for DeFi, or at least, blockchain.

That's where the world is headed. It's not a plot or rumor.