Just wrapped up @permissionless IV in NYC where 3,000+ crypto builders converged in Brooklyn's Industry City
A few takeaways 🧵
📷 STABLECOINS FINALLY WORK
The GENIUS Act has changed everything because you can now have stabletokens on your balance sheet.
According to Ali Yahya: Stablecoins are "The first thing in crypto that's starting to work."
We would add that this is a huge step in legitimizing $DeFi and a recognition that banking and finance are ready for innovation.
📷 An $RWA HEY DAY
Tokenizing $RWA remains very buzzy, but the NEXT phase goes beyond tokenizing sneakers and highrises to native asset tokenization -- i.e. tokenizing private credit, working capital. (plug: https://t.co/DlBHKJor3t)
📷 THE MACHINE ECONOMY IS COMING
@mansourtarek's Leo Dorlöchter predicted a far-out future: autonomous taxis charging at tokenized EV stations powered by tokenized solar panels.
DePIN is creating "initial machine offerings" - direct investment in machines, not just companies that own them.
📷 PREDICTION MARKETS ARE EXPLODING
@kalshi made a bold call: prediction markets will be bigger than stock markets within 10 years.
"Any fintech company will inevitably become a crypto company because crypto rails work better."
#permissionlessIV #crypto #$RWA #workingcapital #DePIN #web3