54. Bitcoin and the Global Economy with Lyn Alden
The Bitcoin Standard Podcast
00:00
Bitcoin
Banks are witnessing just the enormous amounts of money that are being made by exchanges by collecting Bitcoin fees. And this is a business that you mentioned, the news that you mentioned on NIDIG effectively allows people to disintermediate exchanges. So now you can have your Bitcoin on your bank account. If you want to take it out and withdraw it to your own wallet, you withdraw it directly from NIDIG. You don't need to set up an account on an exchange or anything like that. It'll be fascinating watching what banks do.
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