For small transactions, i'm confident block chain payments will be. You're paying a couple of basis points, a lot less than what traditional payment intermediaries charge. For billions of people on this planet, they really do not have some kind of a trustworthy way to make savings and transactions in the same way that you do with visa. We'll look at t like right now. I mean, we've sent hundreds of millions of dollars to bitcoin to you crane,. which we would not have been able to do otherwise.
In the past few days, there have been a lot of uncertainties in the crypto world, and also a lot of talks around Coinbase, and what happens if Coinbase goes bankrupt?
I called up my friend Omid Malekan, who had come on the show before to talk about all things crypto, and also my business partner, Dan Kelly to talk about what's really going on with Luna, UST, and the crypto world. Most importantly, what will happen if Coinbase goes bankrupt? Omid explains all here, and also clear up some misconception too!
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