Welcome

From media to money

What the internet did to media, onchain finance is doing to banks. Centralized local newspapers, radio stations, and TV were replaced by social media and citizen journalism, making a higher-quality product available globally to everyone. Finance will become global, cheap, and accessible. Onchain finance lowers the barrier to entry for both consumers and creators.

Everyday finance is getting smarter

Retail investing is now common, and portfolio building is a frequent topic on the street. Beyond investing, trading, saving, borrowing, and many other ways of using money are becoming smarter and more accessible to everyday people.

Collateralized borrowing is a strategy for allocating and spending capital more efficiently while optimizing taxes. Wealthy people use it. Everyday people can’t access it.

A bank account balance is a consumer asset. It loses value to inflation while banks earn on the backing T-bills or bonds, around 3–4%. That value should be available to everyone.

Freedom and responsibility

With freedom comes responsibility. It’s possible to do dangerously stupid things. It’s a spectrum: on one end, freedom; on the other, safety. There’s nothing wrong with choosing safety and giving up freedom. But it needs to be a choice, and consumers have to be able to change that choice.

The upgrade in progress

The system upgrade is still underway. Ethereum: gasless payments, abstracted wallets, and cheap, fast app chains. The system is ready for serious finance, and moving the current financial system onto it means tokenization. Already about $2.6T is available on these onchain finance ledgers, but ~$260T is still missing. The formula is simple: public markets, assets, and payments should move from local, centralized, fragmented ledgers to decentralized, global, compatible ledgers.

What should move onchain

• Cross-border payments should move like information: instantly, cheaply, and reliably (tempo).
• Public stock exchanges should open globally (nashdeq).
• State-backed money shouldn’t be centralized (euroclear).
• Public tax money should have more transparency (?vatican).

Thesis

Blockchains are boring enough to build on and onboard the world. Instead of building the n+1 DEX, chain, terminal, or wallet, we are aggregating the best solutions and making them simple for friends and family members who don’t give a fuck about decentralization or degen speculation for generational wealth. They need a smooth, reliable way to use their money more smartly.

Our job now is to build the right way to handle money, then onboard and educate the world.