
Scott Johnsson|Oct 21, 2025 19:08
Everyone is looking down the pipe and realizing take rates for the vast majority of financial/money services is heading to near zero. That is, so long as networks are interoperable with low switching costs... which is what stablecoins/defi will usher in. There are still phenomenal opportunities, but it won't be based on breaking the back of consumers in your little fiefdom anymore.(Scott Johnsson)
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