CZ'S DAVOS TAKE: CRYPTO WON'T KILL TRADFI, IT WILL INFECT IT
CZ is shifting the narrative away from "crypto kills banks." The future is integration, not annihilation. Crypto becomes the essential new layer for faster, cheaper payments.
• Bitcoin is a store of value, not daily payment tool.
• CZ is wary of memecoin risk.
• Physical banks will shrink drastically in 10 years due to high costs.
• Proposed "regulatory passport" could revolutionize global scaling.
• Systemic risk lies in fractional reserve banking, not faster tech.
This is the pragmatic view from someone who has seen cycles. Growth is where crypto exploits legacy system weaknesses.
