He also had some comments on Tesla as a Bitcoin investment and whether or not people should consider it to gain indirect Bitcoin exposure.
“I think, if you’re going to make a Bitcoin investment, then you might just want to make a Bitcoin investment,” said Tawil.
Tawil continued saying that “Tesla may evolve into a bigger crypto focused enterprise right, for now, as far as we know, as far as the world knows, the only aspect that is crypto of it is the Bitcoin aspect, both in terms of holdings and in terms of payment for a car.”
Tawil commented on the more recent trends within the space like NFTs and how they are primarily used as novelties at the moment, but could have better use-cases in the future.
“ProChain is not interested, at least now, about artwork, music, sneaker design, anything represented by tokens, someone’s going to make a lot of money there, don’t get me wrong, but to me, those are novelties, you know, in the literal sense,” said Tawil.
Tawil added that “we haven’t yet gotten to the digitization of the important stuff, or of the meaningful and valuable stuff, right? That are really, you know, a lot of this stuff is layups. Insurance policies, titles to homes, titles to automobiles, you know, things that are boring, but yet markets are gigantic.”
When asked if he thought that the entire stock market would eventually become tokenized, Tawil said “the answer is yes. There’s a lot of people working on that, and the question is, I mean, not that many horses can win that race.”
Tawil also had remarks on what he thinks the greatest threats to cryptocurrency are today and whether it could come in the form of regulation, over-aggressive hype or another avenue.
“I think security is a real issue as more of this, more of what we’ve thought to be, you know, very safe tokens are being handled by public companies that have their own security concerns that come up daily with hacking and so forth. So I think that that’s the most binary risk that’s out there,” he said.
Bitcoin 
Ethereum 
Tether 
XRP 
BNB 
Solana 
USDC 
Dogecoin 
Cardano 
TRON 