How SVB Unraveled and Whether Crypto can Fix Finance with Byrne Hobart

Byrne Hobart joins Antonio, Dan, and Erik to discuss SVB, finance, and crypto. We record our interviews with Riverside. Go to https://bit.ly/Riverside_MoZ + use code ZEN for 20%.

0:00 Intro
0:45 Sponsors
1:28 Dan’s story with SVB
11:00 Byrne intro (Check out Thediff.co)
12:00 How Byrne identified SVB’s insolvency
20:30 How banking works
27:10 Fractional reserve banking
32:00 Banking on-chain
37:00 Understanding illiquidity
51:00 Housing market
58:00 How much can crypto recreate the financial system?
1:13:00 Crypto is financial system for digital native world
1:20:25 Are we at the end of (financial) history?
1:25:00 Finance is never solved

More shownotes and reading material released in our Substack: https://momentofzen.substack.com/

Sign up to Byrne's newsletter: https://www.thediff.co/

In addition to Riverside, thank you Secureframe for sponsoring (Use "Moment of Zen" for 20% discount) and Graham Bessellieu for production.

Music License: SN2QTHCG6ISKCZET