In the meantime, companies building bridges among blockchains, fiat currencies and trading platforms, not necessarily in a decentralized way, will be reaping the benefits, unlocking the “trillion dollars of friction tax that’s locked up in the financial services system right now,” McDougall said, referring to the fees and service hiccups that happen while switching from one currency or blockchain to another.

Source: https://www.coindesk.com/layer2/2022/10/12/bitcoin-and-beyond-the-future-of-cryptocurrency-investing/

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