Around the world Quote by Barry Silbert
“To be a more efficient, faster, and cheaper way to send money around the world, you have to be able to get in and out of Bitcoin. You need to have a liquid exchange on either end of the corridor.”
About This Quote
Source Interview: Bloomberg Tech, 2021
Efficient global money transfer requires seamless entry and exit points, like a liquid exchange at both ends of a Bitcoin corridor.
In simple terms: Fast, cheap money moves need liquid exchanges on both sides.
Ensure liquidity at both ends of crypto corridors.
Themes
Mood
Type
When to use this quote
- cross‑border payments
- exchange design
- risk management
Key Concepts
Questions to Reflect On
- What safeguards ensure continuous liquidity?
- How to mitigate exchange risks?
Liquidity can be volatile, affecting reliability.