Focusing on self-interest, the filtering method of grand narratives

Focusing on self-interest, the filtering method of grand narratives

In the online exchange, many readers left messages asking about recent hot topics such as RWA, stablecoins, and stock tokenization transactions.

These topics have been hyped up by the outside world recently. Almost every day in my circle of friends, I see someone posting some big news related to this.

What I would like to share as a participant on these hot topics is:

I will not be too obsessed with empty talk about grand narratives, but will pay special attention to whether it is related to my own interests, how it is related to my own interests, and what I can do to make it relevant to my own interests.

What does this mean?

Anything especially for grand narratives, at my present stage (already past the romantic student days, entering society, seeking to settle down), if I find it difficult to think of how much it can be for my own benefit, I will quickly throw it away without wasting too much time on it.

For example:

For example, many readers have talked about RWA, stablecoins, and stock tokenization. The biggest grand narrative for these three topics is to move off-chain assets on-chain to form a 7 x 24 non-stop trading market, thereby creating a global uninterrupted, non-stop market.

This vision is indeed grand, but what does it have to do with me?

I don't trade frequently, so non-stop trading is not a point of interest for me.

For offline assets and stocks that I am interested in and want to buy, I can now buy them through legal means, so trading these assets on the chain is not a point of interest for me.

There are also other divergent thinking that will say that is it possible for a 7 x 24 uninterrupted trading market to produce new exchanges, new application scenarios, and new business models?

Then I will continue to ask: Can I participate in these new exchanges, new scenarios, and new models? Or can I get involved in entrepreneurship?

After thinking about it carefully, I found that what I could see was:

Coinbase is currently pushing its wallet, integrating stablecoin payments into the wallet and using AI Agent to complete various manual tasks.

Circle is a stablecoin issuer and is currently the largest listed compliant stablecoin issuer;

Robinhood is ready to get involved in stock trading.

How much impact may these companies' ongoing operations have on their future revenue and net profit, and is this high or low compared to their current valuation? Is it suitable to buy at this stage?

In addition, there is another thing I am interested in is the tokenization of private equity and on-chain transactions, but this seems to have to pass the regulatory hurdle at present, and the future is still uncertain.

Finally, there is more certainty: if most of these scenarios occur in the Ethereum ecosystem, it will drive the price of Ethereum.

Taking this example means that I will pull myself out of the "grand" narrative and settle on the interests related to me at this stage, think more from the perspective of these interests, and look for opportunities.

Otherwise, talking about these grand narratives in general is purely bragging, chatting, and watching the fun.

The same is true for other readers, and Shanghai has recently begun to talk about stablecoin news.

For this kind of news, many media articles talk about how it is related to national rejuvenation, how it is related to the fate of the country, and how it affects the competition between China and the United States.

I'm more concerned about whether it will connect with my point of interest: will this discussion lead to the free exchange of stablecoins and fiat currencies?

If it doesn't lead to this result, then I won't waste much time on this kind of topic, and I won't waste time on this kind of article.

Show original
551
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.