Indeed. Absolutely not saying there won’t be a market for it! 1% pls. Compounding. Asset management industry worked very hard to make that the norm and not going to give up easily.

It’s where I really like the lens of monetary premium. For so long I didn’t understand that money could be anything, a bond, a house, whatever

Just most things aren’t a good money. So all these “assets under management” are going to slowly erode in value vs btc

But until the owners of those assets wise up and tell their managers to re-allocate, then the show will go on

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imagine reallocating all that manpower into something anything productive.