Crypto Might Get Some Banks

2 comments

• ioblomov 4 hours ago
  https://archive.ph/WboMc
• rkagerer 3 hours ago
  One of my new favorite quotes:

  A banking system is a superposition of fraud and genius that interposes itself between investors and entrepreneurs.

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  • boppo1 3 hours ago
    This is pretty uncharitable as far as the fundamentals and theory of banking o. In practice the big boys have certainly earned it though.
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    • usefulcat 10 minutes ago
      Within the context of the article, it's an acknowledgement that the two primary purposes of banks are fundamentally at odds. It's not meant as a dig.