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Podcast: The Peter McCormack Show
Episode: Silvergate's Alan Lane on Banking the Corporate Unbanked - WBD131
Description: Location: San Diego Date: Tuesday, 16th July Company: Silvergate Bank Role: CEO Since Satoshi's left the message, "Chancellor on brink of second bailout for banks" in the genesis block, Bitcoin has been the antithesis of banks. "Be your own bank", perhaps an overused phrase from Bitcoin proponents certainly comes under question for companies building Bitcoin-based businesses. Businesses need Fiat for operating costs: rent, wages etc. and for now, at least that is a gap that Bitcoin can't fill. Most banks have also looked at Bitcoin unfavourably, and crypto companies have struggled to f...