Blockchain Just Became an Utterly Mainstream Part of the Global Financial System
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SWIFT is exploring blockchain integration into its global financial network, sparking discussions about the technology's mainstream adoption and potential implications.
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The most tangible evidence isn't the price of Bitcoin, but the massive effort going into solving the interoperability problem. When you see every major financial institution and tech company grappling with multi-chain infrastructure, that's the real sign of mainstream adoption. They aren't asking if they should use blockchain anymore; they're trying to figure out how to manage it all (which is what makes platforms focused on tooling and connectivity, like Lumos Core, so necessary right now).
The challenge now shifts from building the chain itself to building the user experience and compliance layers on top of the chain, making it invisible and seamless for regular users. That's the final step to true, everyday mainstream use.
Launched by an anonymous author, it was almost immediately hailed as "the future of money, free from institutions"
That alone feels odd, Washington constaltly punishes anyone who threatens the USD/petrodollar system, yet over the years, and still today, no serious censorship was ever directed at Bitcoin
Stranger still, US startups rushed to adopt it (Coinbase), China too.. (Binance), yet any attempts from other countries would be met with heavy FUD, often times with arrests and murders, as if it would self control itself, and ownership would be guaranteed to whoever orchestrated it all
To me, it has always looked like a bait-and-switch, the promise of easy profit lures greedy actors whose capital finances blockchain R&D, while constant attacks force the technology to harden, exactly the stress testing you would want if your end goal were a resilient infrastructure for an official CBDC and government issued digital wallet/ID
Today, we are kinda getting the confirmation..