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The financial system is excited about the high costs of AI technology, as it allows for more sophisticated financial deals and investments.
Today's financial markets are inefficient due to intermediaries like exchanges and clearinghouses, which add fees and complexity.
Today's financial markets are inefficient due to intermediaries, with high fees and limited access.
The success of digital payment systems like WeChat Pay and Alipay in China was driven by government-backed instant pay products. This model could inspire similar innovations in the U.S. if regulatory barriers are overcome.
U.S. dollars are considered the greatest product in human history, but many people around the world cannot access them due to legacy financial systems.
U.S. dollars are considered the greatest product in human history, but many people around the world cannot access them due to legacy financial systems.
The U.S. financial system's ability to finance large-scale projects is a significant asset that can be used to support national strategic priorities.
U.S. dollars are considered the greatest product in human history, but many people around the world cannot access them due to legacy financial systems.
The ability to send a billion dollars from the U.S. to Beijing in 10 minutes for just $3 via Bitcoin illustrates the challenges of regulating cryptocurrency.