We Need To Build A New Financial System, Not Mirror The Old One

[taskmaster4450]

▶️ Watch on 3Speak

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The event with FTX shows how we are simply mirroring the existing financial system.

In this video I discuss how FTX followed a similar path as MF Global. John Corzine did the same thing as SBF. The difference is he was a banker so there was no jail time for him.

If cryptocurrency is going to change things, we truly need to build a new financial system.

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▶️ 3Speak

Comments

[pixresteemer]

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[luvshares]

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[jfang003]

It's a quote that I heard from a video on Youtube before, but crypto is replaying the entire financial system speeded up. So there are a lot of related issues but I think it's easy for it to move in a different direction from the current one when combined with the blockchain advantages.

Posted Using LeoFinance ^Beta

[gadrian]

Certain crucial Hive accounts (Hive-Engine, big projects) could really use multisig if they aren't using it already.