They don't have them, they never collect them. They're computer programmers. And this is something, as I said, most of my colleagues don't understand at all. But Decentralized finance is producing all sorts of new innovation. And to treat them as a broker dealer that takes custody of a stock or bond and has physical custody with a particular customer is just, it's putting a square peg in a round hole. (10:11–10:16)
CLAIM
Asserts that decentralized finance is leading to significant innovation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
