ATC quote · Sep 29, 2025 · 0:54:31
“Look. Remember that JPMorgan had a... Their own blockchain that they've been using to transfer funds to to different parts of the world. And so they they were already doing things. They were just…”
Moni @monitalan
From All Things Crypto. Dave really wants alt season, Sep 29, 2025 · Episode page

In context
0:53:00 Dave @DCBK2LA: Yeah. It's true, man. The banks are frightened, bro. And it's like, look. What were they giving you before? We talked about it here all the time. They take in your deposits. You guys heard of fractional reserve banking. You heard that term probably a million times over. They use your money to make the bank more money. They take ridiculously leveraged bets and gambles, and then expect to obviously, like, be bailed…
0:54:31 Moni @monitalan: Look. Remember that JPMorgan had a... Their own blockchain that they've been using to transfer funds to to different parts of the world. And so they they were already doing things. They were just not making it available for everybody to benefit from it.
0:54:48 Dave @DCBK2LA: Of course. And what are you gonna do? You're gonna go out? You're gonna flood the monster that retail can obviously get into because you're not in it yet. You're still using the tech behind it, but yet you're sitting there. I mean, and you... He knew what he was doing. Right? Like, whether you believe in Bitcoin or not, the fact of, like, a public ledger, right, and the mere existence of, like, money that can be…
Show discussion only, not financial advice. Transcripts are auto-generated.
