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Is Crypto a Scam? with Crypto Skeptic Patrick McKenzie
Bankless
Evolution of Banking Technology and the Role of Traditional Banks vs FinTech Companies
23min Snip
00:00
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Patrick McKenzie discusses his background and skepticism towards crypto, highlighting the evolution of finance and the complexities of traditional banking systems. The chapter explores the convenience of modern banking apps, advancements in payment methods, and the contributions of various entities like banks and FinTech companies to financial services. It also delves into the inefficiencies of the traditional banking system and debates the need for rebuilding it from scratch to address legacy constraints and technological advancements.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode