And cryptocurrency and blockchain are going to play a huge role in democratizing finance. It is addressing huge problems. The fact that 30% of the country is unbanked or underbanked. Cryptocurrency addresses that issue. I met with one builder who's already done a billion dollars of loans under $350,000 because his overhead cost is $1,000, not $10,000 that a typical bank would charge. (07:36–07:40)
CLAIM
Asserts that 30% of the U.S. population lacks adequate banking services.
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