🇺🇸 CEO Robinhood Vladimir Tenev stated that he views crypto from two perspectives: one is as "an asset for trading" like stocks, options, or futures contracts, and the other is as "a foundational technology that changes the financial system."
– He mentioned that crypto is the next stage in the evolution of technology, following paper records, internal servers, and cloud computing.
– With crypto, many things like exchanges, lending platforms, or payment processing will be replaced by open-source software and shared infrastructure.
– In the future, crypto technology will "operate the entire financial services," including stock trading and traditional financial assets.
– He believes that "crypto and traditional finance will fully merge."