2min chapter

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#052 Money 20/20, Fintech Innovations, and Interviewing Legends with Zach Anderson Pettet

Smart Friends

CHAPTER

Cryptocurrency and Identity Verification - The First Financial Innovation in a Century

There were a ton of fraud prevention was a big bucket and then payment rails, which I don't even know what that is. But it was interesting, like the identity verification and crypto custody, to me were interesting because they were clearly showing traction over multiple years with banks. What needs to happen is actually a lot more on the policy level, interestingly, than it is about so there's technology and policy problems. It all gets extrapolated away. And we actually do what the fuck we should do, which is take the first actual financial innovation that we've had in maybe a century," he said.

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