Crypto’s Choice: Join the Financial System or Fight It
The crypto industry faces a momentous choice. Does it integrate with the existing financial system's rules? Or does it choose to fight for its anti-status quo principles?
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The battle for global consumer deposits is going to be the fight of the century. But to vanquish old-fashioned banks, the DeFi sector needs to up its game. The world runs on consumer spending and consumer saving. It is everyday people who actually power the most important parts of the global economy and the global financial system. For consumers, this system runs through their retail bank. It is where most people save, spend and pay their taxes. This is the battleground for the coming fight: the battle for global consumer deposits.Make no mistake, this will be the fight of the century. It....