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38 - The World is Waking Up to Crypto | Raoul Pal

Bankless

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The Evolution of Cryptocurrency and Banking

This chapter examines the growing relationship between traditional banks and the cryptocurrency industry, emphasizing how institutions are starting to embrace digital assets despite historical skepticism. It highlights the regulatory and competitive challenges faced by banks, as well as the potential transformation of the financial landscape influenced by decentralized finance (DeFi) and central bank digital currencies. The discussion also reflects on political ideologies impacting the crypto market and personal motivations influencing entrepreneurs within this dynamic environment.

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