Tokenizing Assets as Crypto Is a Delusion

"But until that happens, tokenization of assets seems likely to remain the province of professionals, and “be your own bank” merely a lovely dream."

Well, everyone can hold these tokens and "be their own bank" already with bitcoin and stablecoins, however just not that many might want it. To me it looks like the author is mixing up the technology and business demand. The token technology seems to work robustly, there have been some somewhat successful tokens issued (stablecoins). Still everything is quite miniscule compared to mainstream economy. Whether tokens will be significant technology remains to be seen.