Why does the interest of Americans in Crypto grow? Hint: Banks.

00:00 Jiayie

Yes, despite the drawing down today, CRYPTOCRENRENS AND RELATIONS relating to Crypto have a bull running, comprehension of senior records and institutional approval last year. And according to new research from the Defi Education Foundation, the growing American portion has the desire to inspect Crypto, and 22% say they would like to learn more about Blockchain and Crypto. Here are much of the Crypto look at Kristen Smith, the president of the Solana Institute. Kristen, nice to see you.

00:37 Kristen Smith

Hi, Julie. Nice to see you again.

00:41 Jiayie

So, what kind of changing changes do you see in this prominent test work for you?

00:52 Kristen Smith

Yes, well, I think the biggest income that I have to jump in this study is that Americans are frustrated and anxious about the industry for financial services. We have no less than half of Americans, 49% believed that the financial system meets their needs. That is very low in my mind. But UH shocked, less than one of the 10 Americans trust completely in the bank. Therefore these are the best banking numbers and I think one of the CRYPTO and DEMIs especially should offer any other way or better. And so I was so happy to see the opportunity we have for the Crypto industry uh in any place or perhaps change traditional finances to do so much attention to everyone.

02:00 Jiayie

Well, I’m curious and do you talk to Crypto in those things that are not happy with them?

02:14 Kristen Smith

Yes, well, much of what we see is wrong money, perhaps exposed, but more exposed that they cannot. And when you look at DEFI, the cost is very low. Then they have felt frustrated by access to certain products. And, you know, Defi, they’re different and too, this isn’t the whole world for everyone, but I think what the stable fish use for trading markets. There is a real opportunity here and I do about the Institute policy that is highly focused on the work of the policy continues in Washington and as the conference transfers the costs to a lot of better services.

03:07 Jiayie

Yes, and I think about that point, I mean, certainly some large financial institutions look for a deci and look at Blockchain and look at what else in their businesses. Therefore, do you think the landscape will look forward to how to according to services offered and who offers you?

03:31 Kristen Smith

Yes, well, I think we will see many new things throughout the board. I think one really interesting idea is that the ATKINS chairman focuses on this kind of crypto photofco and if you don’t want to get that loan from DEFI Unless you are, you have sold that basic and therefore you can do it Crazy in Defi on different types of goods, you know, are not available for consumers today. And so we think, you know, these are new relatives to see. But, you know, I think the key is like the American American goal you want to have your property. Also, you know, when faced with banks today, gives your lides really, uh, and get into the accident’s finance system. This provides other way for the percentage of people who want to have additional control over UH and can interact directly with UH with Conferies or or to borrow.