Bitcoin & Banking Crisis - Bitcoin 2023

Mike Belshe of BitGo, Dave Ripley of Kraken and Nolan Bauerle break down the current banking crisis and what roll Bitcoin can play in the future of the financial system at Bitcoin 2023 Nakamoto Stage.

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"All views expressed by hosts, guests, and interviewees of "Bitcoin Magazine Live" are opinion only and do not reflect the views of Bitcoin Magazine, its ownership, management, any of their associated or affiliated entities, or their inhouse or third party service providers and platforms. This program is informational only, and its content does not contain or construe any offers to buy, sell, or hold any bitcoin, other cryptocurrency, or any securities or other financial instruments in the United States or any other jurisdiction in which such solicitation or offer would be unlawful. Nor does this show's programming constitute any kind of legal, tax, investment, financial, or other advice. Individuals who appear on "Bitcoin Magazine Live" are not deemed investment advisors and their performances in the past are not indicative of future results. Nor are staff or management of "Bitcoin Magazine Live," its publishers and affiliated companies in the business of providing advice, financial or otherwise. All investment carries risk and you should do your own due diligence before investing."

Time Stamps:
0:00 - 2:18 - The reputation of US commercial banks
2:18 - 5:36 - The best of Wall Street leaving for crypto companies
5:36 - 9:03 - The dimishing power of US regulators
9:03 - 11:52 - Contrasting Bitcoin with the existing system
11:52 - 17:12 - Operating in an unpredictable regulatory environment
17:12 - 19:55 - Proof of reserves for custodians
19:55 - 22:35 - Educating Wall Street about the structure of Bitcoin
22:35 - 24:07 - What is going to happen with the banking crisis?
24:07 - 29:36 - News Desk: Why People Should Pay Attention to the Banking Crisis