It's not the technology | Why banking is broken ft. Ewan Silver | 11:FS Explores Lightboards

[@krupakhargandeepan]

Just the change in data structure created so much value. Brilliant stuff!

[@yosha185]

Highly underrated video.

[@Edu4Dev]

I really like this channel, change my vision and open my possibilities to be a little more " equal ". Tks from Brazil.

[@11FS]

Thanks so much Milton! That's great to hear.

[@Edu4Dev]

@@11FS you'll hear about my book next year, i'm developing a bank, in a very different way

[@whyindiamatters]

Ewan - Beautifully explained. Thanks alot!

[@Hcaixeiro]

Great content!

[@paymenttech125]

Very clear view about the old way and the way to do financial services

[@sundalmurugan4208]

thumbs up!

[@lmartin3761]

very well explained great video!

[@UmukoyiboBased]

Thanks

[@cemkocainan1831]

Thanks!

[@shuyaoshi7091]

Great explanation! One question from tech perspective: how does this new financial structure prevent single point failure: if the multi asset ledger system is down, all financial activities will be shutdown, versus now we can still take out money from banks if the credit system is down.

[@theApeShow]

Content Delivery Network, distributed nodes, or even blockchain for processing. If one is down, other locations could run. Blockchain ledgers are inherently decentralized.

[@bankingscrilla]

Does anyone know where I can all this concepts from. A book, course?

[@BonanzaNLD]

This is too easy. Evidently banking is broken, but even more broken are the regulators, that force requirements upon banks to keep a certain amount of capital (and tons of other stuff) to remain "safe". And that makes it difficult for banks to change, not that they don't want to. Sure, this flic is nice for basic stuff and retail, but that's just a small part of banking.

[@ananiaspereira8839]

in the future will people have the ability to operate a bank account? because even today in 2021 nobody knows what a bank account is! ... they just know they have the money.