Naval: Even if off-chain assets are wrapped onto the chain, they can only achieve minimal on-chain accounting convenience at most

BlockBeats News, November 6th, Silicon Valley renowned angel investor Naval Ravikant expressed his views on X about "wrapping assets on Zcash, such as real estate and stocks," stating, "Only by holding digital, on-chain assets can we truly have meaning. Even if off-chain assets are wrapped onto the chain, at most, they can only gain some minor tracking or accounting convenience, that's all."

Naval is a well-known angel investor in Silicon Valley. He has invested in well-known tech companies such as Twitter and Uber. He is also a successful entrepreneur, having founded the equity crowdfunding platform AngelList and published the renowned book "The Navalmanac."