3min chapter

Coin Stories with Natalie Brunell cover image

David Marcus: From PayPal to Facebook to Building on Bitcoin and Lightning

Coin Stories with Natalie Brunell

CHAPTER

The Rise and Fall of Cryptocurrencies

In our financial system, there are so many gatekeepers and I'm always surprised when I see those graphics that show just how many intermediaries there are. Why hasn't there been a change or a revolution? Is it just because the power structure has not been incentivized to change it. Right. But I feel like, you know, every attempt has been thwarted and the establishment continues to basically grow stronger because they're not challenged so there's no competition. There's need, there needs to be more competition for global payments. And, and there is technology that is at the ready right now that can solve a lot of problems that are experienced by hundreds of millions of people, if not billions

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