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What’s the next money system?

A reflection of digital currency and Silicon Valley Bank event

If the diminishing of physical commercial bank era is coming, should we start investigating the future of the money/banking system?

Many media articles compare Silion Vally Bank event to the 2008 subprime financial crisis. Back then, as a junior banker working at wealth management department, I even had hard time to understand what “subprime” means. But if we look back, what was really going on? On January 2009, the genosis block of bitcoin, which then called blockchain that drives nearly all transformation nowadays, was quietly created, from $0.

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May 2023 published on Medium. All rights reserved.

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