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Why DeFi Matters [Part 1]: Bitcoin and DeFi's influence on the future of TradFi and FinServ

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Challenges of Cross-Border Payments and the Potential Role of Cryptocurrencies

This chapter discusses the historical inefficiency and opacity of cross-border payments, highlighting the difficulties of managing multiple payment systems and the complexities of reconciliation. It explores the need for smarter and faster solutions, suggesting that cryptocurrencies like Bitcoin could potentially help address these issues.

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