Cryptocurrencies will challenge the current banking hegemony layer-by-layer, the speakers noted at the 2024 Bitcoin event in Nashville. Christian
Cryptocurrencies will challenge the current banking hegemony layer-by-layer, the speakers noted at the 2024 Bitcoin event in Nashville.
Christian Catalini, co-founder and chief strategy of Lightspark, shared his thoughts about the future of money and the role of digital assets in democratizing investment banking features at the Bitcoin 2024 Nashville conference.
In a lively conversation with Joey Garcia of Xapo Bank and moderator Nolan Bauerle, Catalini touted the power of the Bitcoin Lightening Network to deliver nearly instant cross-border payments, an option that was not available to the general public until the advent of cryptocurrencies.
The discussion revolved around challenging the current banking hegemony layer-by-layer, starting with payment networks and yield-bearing money and eventually introducing more high-end features to the public like securitized lending, a privilege traditionally only open to high net-worth individuals and institutions.
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