You have to climb this ladder.

You have to swallow this pill.

You have to accept reality.

Like, you need the stable coin to get random people that don't care

about the ideological part of crypto to use crypto.

And then maybe then they'll take that ladder

and they'll climb up and they'll use Eath.

And maybe they don't even want to use stable coins anymore.

But ultimately, stable coins are how we have to get there.

Right.

So I think Story takes out a push.

Welcome to Bankless, where we explore the frontier of internet money and internet finance.

And today on Bank Cliffs, we are exploring the frontier of tokenized intellectual property on a blockchain.

There's a new blockchain out there called Story Protocol, and its mission is to tokenize the world's IP and put it on chain. But their real vision is not to necessarily tokenize like currently existing IP, call it Trad IP.

They also, they do want to do that, but they also want to unlock future potential, future IP,

future content and enable a net new era of human creativity and just kind of be the IP layer for the internet.

And I think that's a very different construction of a blockchain than anyone in the

crypto space has really ever really comprehended before.

And my first initial reaction to the concept of tokenize IP as well, IP is a nation state legal system

construct. And blockchains are not meant to cooperate necessarily with nation states. They are

meant to be a layer higher than nation states. And so it's weird to me that we are taking this

nation state concept and trying to imbue it into a blockchain.

...