According to BlockBeats, on December 12, renowned Silicon Valley angel investor Naval Ravikant shared his insights on the transition to a decentralized financial system. In a post on X, Ravikant emphasized that this shift will require time, noting that the current market capitalization is less than 5% of the target.
Naval Ravikant is a prominent figure in the tech investment world, having backed major companies like Twitter and Uber. In addition to his investment endeavors, he is a successful entrepreneur, known for founding the equity crowdfunding platform AngelList. Ravikant has also authored the well-regarded book 'The Almanack of Naval Ravikant,' which has gained significant attention for its insights into wealth creation and personal growth.