
#79 with Alexa von Tobel - From Dropping Out of Business School to a $375M Exit
My First Million
Challenges with Money Movement in Self-Driving Wallets
The main insight from the snip is the challenge of money movement in self-driving wallets, where the traditional banking system takes about five days to move money between banks due to outdated ACA trails from 1971. This challenge necessitates the need to fix money movement to enable wallets to self-drive, and the speaker has written thesis papers on 'liquefied money' to address this issue.
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