Mar 08, 2023 / 09:30PM GMT
Michael Grimes -
Thanks for joining us. I'm Michael Grimes from Morgan Stanley, and really pleased to have Alesia Haas and Brian Armstrong from Coinbase.
So we've got safe harbor statement and disclosures on the Morgan Stanley website in here. So, please refer to those for appropriate disclosures, and that we're going to go ahead and get started. So I don't know which he wants to take this, but we're here to talk about, in part, our financial system, and we know there's parts of it that work, but parts of it that are dated.
One of the simplest ways to illustrate that is we want to send money to someone, your choices are Venmo, Square Cash, Apple Pay, PayPal, we can only use them super convenient, but it takes a little while to get through the system and free or if we want to do it fast, wire transfers are expensive.
Questions and Answers:
Michael Grimes -People know the systems need updating, where can blockchain and crypto, make whether that use case or other use cases more efficient to make the financial system more efficient, is question one. And