Solana 'will make everyone an investor' — Solana nCMO
The current capital markets are failing to serve a wide range of investors, as stated by Akshay BD from the Solana Foundation. Blockchain technology is proposed as a solution to these issues, with the potential to democratize investment opportunities. Investors face uncertainty due to low bond yields and asset price bubbles, while traditional asset allocation models, like the 60-40 portfolio, have underperformed. A growing disparity exists between wage income and wealth from asset ownership, restricting retail investors from private markets. Akshay highlighted the risk of economic divides widening due to advancements in artificial intelligence, suggesting alternatives like universal basic ownership through crypto infrastructure. This model could allow individuals to invest in various assets easily via tokenization. Public equity markets in the US remain above historical averages, with the S&P 500's P/E ratio exceeding its historical norm. Opening markets to retail investors could help address market overheating, aligning with goals of certain crypto sectors.
