institutions aren't staying off crypto because of volatility or lack of ramps.
they can't put one trade onchain without showing the whole market their book.
that's the real blocker, and it's a privacy problem.
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privacy is the most underpriced unlock in crypto right now.
retail shrugs at it. every institution we talk to puts it top 2, and they won't move real size onchain without it.
whoever actually ships it eats the next cycle.
every blockchain runs on cryptography that will one day have to change.
most can't change it without breaking.
starknet was built so it can
and to keep finance private while it does.