@CZ highlights on speed🚀
He said that if all other factors remain equal, being faster and cheaper is always better and does not inherently create more risk. He explained that speed simply exposes existing problems sooner. In cases where banks operate with fractional reserves, faster withdrawals only reveal shortages more quickly. Slowing systems does not fix the issue; it only prevents consumers from accessing their money when they need it. He concluded that technology which makes processes cheaper and faster is ultimately beneficial.
