3min chapter

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Ep36: Fintech, Crypto & Marketplaces; w/ Chris Dean, Founder & CEO @ Treasury Prime — Product Market Fit podcast

Product Market Fit

CHAPTER

The Pros and Cons of Unified Banking

If everyone banked at JP Morgan or Bank of America and those are the only two banks, that's not enough competition actually to get new services out there. We have a system that is really able to compete with each other and gives the users the best possible service. If we shrunk that down to like five, ten banks, it just not happened. The huge advantage to having so many banks is it's simple, it's capitalism, I believe in capitalism, capitalism is great.

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