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Lately, I've been a bit obsessed with the discussions about RWA on the blockchain, and I also find it a bit funny: that little "liquidity" on-chain often looks like it’s lit up by lights; when you actually want to redeem, the terms flip—queueing, window periods, limits, or even the counterparty saying pause and it’s paused... Honestly, on-chain is just a shell; inside, it’s still the old-world rules.
Seeing the criticism of the staking/sharing security model as "copycat" makes sense to me too. The higher the yield stacking, the more it feels like borrowing money from time. Anyway, I now treat complexity as an enemy: only those who can clearly explain the redemption process in one sentence dare I pay more attention; if it’s not clear, I just pretend I didn’t see it. Let’s leave it at that for now.