Summit Notes Summary
1. Cathie said that ETF flows are mostly from retail because the platform has not been approved (interestingly, this is the same as Blackrock).
We have not seen real demand for ETFs because Morgan Stanley, UBS, etc. have not started to promote it yet
2. There is a huge generational wealth transfer ($70 trillion) going on from the old generation to the young generation, and 90% of the young generation is disappointed with the financial system.
3. Cryptocurrency helps those who have been abandoned by the financial system, and it is more important to politicians now than ever.
4. The new generation of people participating in Web3 may not want bank cards because the phone is the wallet.
5. This is the biggest economic revolution in my lifetime, and it is as big as artificial intelligence here. There may be a fusion of cryptocurrency and artificial intelligence (Wood Sister).
6. 56% of Fortune 500 companies are doing on-chain projects, and crypto payments are like water, they will flow to the path of least resistance.
7. Economic freedom is the foundation of global progress. We want to increase economic freedom globally.
8. Power struggle between CFTC and SEC. #币安合约锦标赛 #币安上线ZK #AirdropGuide #LayerZero #美联储何时降息？ $BTC
