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#1021 Caitlin Long On Building A New Bank That Doesn’t Rely On Leverage & Lending

The Pomp Podcast

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Bitcoin

Bitcoin is not ready to be a true reserve currency just yet, because we've got scaling problems. The low value payments are going to end up being made using the bit coin block chain, it's through lightning. But needless to say, it's still so small and so nascent, there's a lot of operational risk in doing that. So yes, i think this is a, this is a long process. And if we tried to make bitcoin a reserve currency, to day, it would be a de stabilizing transition. I'm not making any price predictions, or indeed, not making any time line predictions on that, because i recognize how early a we have a lot of work to

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