Episode 117, SEC vs CRYPTO
from BBP - Berendzen Bond Podcast Hosted by Cory Berendzen
Another one to go along with episodes 79 and 105. Things change quickly and there is a mountain range of information, so staying focused with precision and learning before jumping to the next thing has been key. I'm eager to learn about another network besides the XRPL called the Casper Network, but will not dedicate time to it until my head is fully around all the new functionalities it has. A network built for speed and payments, with an automated market maker and decentralized exchange at the base layer is a very, very, powerful tool for what it was made for. ------ It has a clear operating use case that will grow in capacity and can handle growth far beyond what it does now, which is already astounding. We are all watching the backbone of the financial systems worldwide get a new bones. Most of us won't even notice we're using blockchain mechanisms, but we will. ------ I have listened to many conversations, forums, podcasts, etc of 30+ year banking veterans say this massive of a change comes once in a lifetime. Payments will be settled as fast as emails. And the big banks want to capture all the traffic like they do now, which is why they are fighting to crush everyone, bring all value back in-house, then re-release it with their white labeled packages. ------ Regardless of what I discuss, as it could all change in a few weeks, its all quite interesting and eye opening.
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