3min chapter

Making Sense with Sam Harris cover image

#271 — Earning to Give

Making Sense with Sam Harris

CHAPTER

The Ecosystem in Cryptocurrency

The entire financial stack is collapsed into one product, and that product is the exchange. In crypto, the only people involved in the average transaction are the buyer, the seller and the exchange. All those functions from ring settlement, risk compliance, know, your customer, a moblaapi matching engine, all of that is collapsed into the exchange. And so if you wanted to address the infro structure, that's where you went with f t x.

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