ChrisKing001

But this is actually an absurd comparison because both serve different purposes.
The reason crypto was created is FREEDOM: the ability to own anything and everything, and one of the ways that ownership and access happen is through tokenization.
And when you look at it, even the Forex market is using blockchain tech.
There's no forex trader who is getting paid now that isn't paid in crypto. They could've decided to get paid with any other method, but they chose crypto.
In fact, some brokers will tell you that you should get paid via crypto.
Why? Because it is the fastest and easiest way for you to actually get your payment without any hassle or scrutinization. That is the entirety of what our industry is.
• The transparency
• The speed
• The ease & accessibility
One other thing that the blockchain space has changed a lot is the ability to tokenize anything and give you full ownership and transparency in it.
The war started, and because oil has been tokenized, we got perps to trade oil and make money off the speculation. So you can literally trade oil and even OWN tokens of oil onchain!
This would not have been possible without the advent of blockchain technology.
• There's no currency pair now that you cannot trade on-chain, and that is the reason why this matters
• There's no investment now in the world that you cannot tap into, thanks to tokenization
So they serve two different purposes:
• One facilitates access to the foreign exchange market of the world
• The other decentralizes ownership and introduces tokenization and transparency.
So basically, the forex space is not even in competition with crypto. Crypto is even augmenting and making FX better.
The same thing the crypto industry is doing for FX, its also doing for other industries and that is why this industry matters.