Shanley
๐ค SpeakerAppearances Over Time
Podcast Appearances
And then you have PayPal.
So at the point that they sort of were like, we're going to do our own financial infrastructure.
OK, now they have a financial infrastructure that is literally in competition with the sovereign financial system of the United States of America.
And this more than anything else might be the source of the rupture between the American government and between venture capital.
Because as soon as you start developing this ecosystem and people think that crypto is just like Bitcoin and like Dogecoin and like Ethereum.
These people have a whole bunch of banks, right?
They are developing stock markets and stock exchanges.
They have point-of-sale systems.
They have betting markets.
Yeah, they have loans programs.
They have savings.
They have blah, blah, blah.
Crypto is really a very fully featured financial system.
And they need to get as much money out of the existing financial system moved into their financial system.
So they are in this war, essentially, over that.
And that's what we're looking at is the global financial system being replaced with a financial system that is owned and controlled by venture capitalists.
And that's a profound thing that has profound implications.