Mark — i also love you dearly, but let me clarify my intentions with this thread:
First off, I agree with you: interop is already a huge step up from what the traditional financial system offers when it comes to moving money or assets.
But I think this thread is important because interop isn’t just about that. From my perspective, it still lacks the speed and efficiency needed for retail or customer-facing use cases.
Take a simple example: I want to move funds from one strategy to another. I might not even realize the first one is on chain A and the second on chain B — and it’s frustrating when that operation takes several minutes while another similar action could take 100x less time.
If blockchain is hidden in the background and just powers some operational layer, then yes — interop can feel “solved.” But if blockchain is closer to what the user is actually trying to do, the UX still isn’t there.
Also, I’m not trying to speak to the entire TradFi world from a 1.2k-follower account. It’s way more productive to talk about things to improve to a crypto-native/friendly audience.
Second, progress in this space comes from constantly improving on where we were yesterday not from comparing with broken process. Ford didn’t revolutionize manufacturing by comparing themselves to horse ranches.
We’re absolutely headed in the right direction, but we shouldn’t lose momentum by getting too comfortable with a version of things that could still be improved by a factor 10, 100 or 1000.
love octave, but this type of charting/reasoning is why nobody takes the industry seriously.
interop enables borderless near instant transfers of any type of asset (dollar, commodity, meme) for mere cents.
that we are debating whether interop is solved is ridiculous. and it is especially ridiculous when we are comparing interop with interop.
- compare interop UX to a single chain (ethereum/bitcoin) and you will find that it is better.
- compare interop UX to any traditional rail and you will find it mindblowingly better.
now, is interop 100% efficient? no. of course not.
but if we continue spending time talking about how broken and not solved our tech is when it is 10000x better than what exists in the real world, then what are we doing?
be confident in the tech you are building and tell people why it is awesome.
stop debating semantics and go onboard more assets and users.
interop is solved.
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