Over 20000000 in Crypto 3 Use Cases for Crypto, according to FTX Chief Sam Bankman-Fried

3 Use Cases for Crypto, according to FTX Chief Sam Bankman-Fried

– FTX CEO Sam Bankman-Fried highlights three major use cases for digital assets: instant payments, critical structure for markets, and interconnectivity between social media platforms.

– Bankman-Fried first demonstrates how easy and cheap it is to make instant payments using digital assets by creating two different accounts and initiating a transfer between them.

– According to Bankman-Fried, traditional methods of transferring money are costly and can take days to process.

– The CEO also says the speed and ease of token transfers can be applied to the stock market, creating a less risky structure for the industry.

– Bankman-Fried notes how crypto assets can create interconnectivity between social media platforms.

– The FTX head concludes his thread on cryptos use cases by highlighting that three mentioned above are just the tip of the iceberg.

 

 

Over 20000000 in Crypto 3 Use Cases for Crypto, according to FTX Chief Sam Bankman-Fried
3 Use Cases for Crypto, according to FTX Chief Sam Bankman-Fried 3

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