3min chapter

Coin Stories with Natalie Brunell cover image

Troy Cross on Bitcoin Energy Use, Environmental Impact, Mining and more

Coin Stories with Natalie Brunell

CHAPTER

How Did You Get Rich in Finance?

Inequality grossed me out. And then two thousand eight happened. I looked into e gold. i didpeer peer landing, o. So i was set up towhen i really learned what advantages banks havewas like, ok, i cannot fraction a reserve lend rii only lend what i have y right? And done. It was like, yo, we can't replace the banking system by disintermediating it with pure to pure lending,. Because it's got aadvantage we don't have: They can make up money, they mate money. And i cannot do that. We cannot do tha. The e gold was that disintermediates the entire banking industry with code

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