Another Step Closer
I remember seeing the original announcement about bakkt and Starbucks years ago. Unfortunately, it also partially signaled a top at the moment as it was the start of the multi-year bear market we saw until last year. Seeing things come into realization provides some confidence towards the path of adoption and growth. The challenge will continue to be the volatility behind the asset class. However, despite the challenges, many around the world continue to seek this access to combat the centralized institutions and their continued focus on profits.
The shift in financial and economic markets cannot come soon enough as the amount of liquidity being injected around the world is just a warning for things to come. The fact that trust remains the bedrock for monetary systems will come to be the downfall in the end. Given the trustless need within Blockchain and some of its ecosystems, I think that adoption and growth is just beginning. Centralized institutions will quickly find out that things work until they no longer do so. Once the shift to Decentralization starts, it will be tough for those benefiting to turn back to what has been their source of hardship and oppression.
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