On-chain US stocks?
This track is quite interesting…
For someone like me who has severe procrastination and hasn't gone to Hong Kong to open an account to trade US and Hong Kong stocks,
Now it's good that as long as you have money, you can buy directly on-chain 😅
It's just that the current liquidity is concerning.
Of course, this is just the beginning, so we can't ask for too much; playing with small amounts of money isn't a big deal.
Just hope it doesn't become another channel for losing money 🤣🤣🤣
I actually think it's a pretty promising track.
After all, the domestic real estate market isn't doing well, and while the A-shares seem to be rising, most are still losing money.
With large time deposits and government bonds, the interest rates are getting lower and lower, leaving no investment/speculation channels.
This has attracted a group of people who don't trade cryptocurrencies but want to trade US and Hong Kong stocks, and it can directly guide them into cryptocurrency trading.
Exchanges have added a new user group with some money.
However, in the last bull market, FTX was actually already playing this game.
SBF may not have been competent and mismanaged users' funds, but his vision and perspective were indeed far-reaching 😅
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