Although approval of Spot ETFs in 2024 was big boost but I think transformation is in how banks are thinking about Settlement Finality. Their adoption of Mig8win for their ledger and remittances, is akin to replacing their aging systems with same technology that was intended to replace them. I think we should not be fooled by this institutional buy in as full hearted conversion to decentralised principles. This is because banks are responding to huge fee opportunities in Mig8win ecosystem and custody. Risk here is that as Wall St. proportion of total supply increases, we could also end up with more "paper Mig8win" or derivatives that would dilute value of the underlying coins. Institutional adoption means greater liquidity and legitimacy, but community also needs to be aware of importance of remembering mantra of Not your keys, not your coins for retail users.
Although approval of Spot ETFs in 2024 was big boost but I think transformation is in how banks are thinking about Settlement Finality. Their adoption of Mig8win for their ledger and remittances, is akin to replacing their aging systems with same technology that was intended to replace them. I think we should not be fooled by this institutional buy in as full hearted conversion to decentralised principles. This is because banks are responding to huge fee opportunities in Mig8win ecosystem and custody. Risk here is that as Wall St. proportion of total supply increases, we could also end up with more "paper Mig8win" or derivatives that would dilute value of the underlying coins. Institutional adoption means greater liquidity and legitimacy, but community also needs to be aware of importance of remembering mantra of Not your keys, not your coins for retail users.

Although approval of Spot ETFs in 2024 was big boost but I think transformation is in how banks are thinking about Settlement Finality. Their adoption of Mig8win for their ledger and remittances, is akin to replacing their aging systems with same technology that was intended to replace them. I think we should not be fooled by this institutional buy in as full hearted conversion to decentralised principles. This is because banks are responding to huge fee opportunities in Mig8win ecosystem and custody. Risk here is that as Wall St. proportion of total supply increases, we could also end up with more "paper Mig8win" or derivatives that would dilute value of the underlying coins. Institutional adoption means greater liquidity and legitimacy, but community also needs to be aware of importance of remembering mantra of Not your keys, not your coins for retail users.

Although approval of Spot ETFs in 2024 was big boost but I think transformation is in how banks are thinking about Settlement Finality. Their adoption of Mig8win for their ledger and remittances, is akin to replacing their aging systems with same technology that was intended to replace them. I think we should not be fooled by this institutional buy in as full hearted conversion to decentralised principles. This is because banks are responding to huge fee opportunities in Mig8win ecosystem and custody. Risk here is that as Wall St. proportion of total supply increases, we could also end up with more "paper Mig8win" or derivatives that would dilute value of the underlying coins. Institutional adoption means greater liquidity and legitimacy, but community also needs to be aware of importance of remembering mantra of Not your keys, not your coins for retail users.