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The Financial Crisis
Papal was a digital version of the same model the traditional finance and banking system. The rails were better for the inernet, but they still had this problem that it wasn't very efficient. It's built on all the previous layers of this monetary system where fraud can't ex because our current means of securing accounts and transmitting money are expensive to maintain. In addition to just this massive, expedentially growing complexity of payments on the inner net that people are trying to stay ahead of.