Bitcoin will eventually overtake the largest financial institutions according to the ex CTO of Coinbase.

Yes, he might be a bit biased...

But, what does he mean exactly?

This was his exact quote:

(Source: https://www.ccn.com/bitcoin-conquer-wall-street-coinbase-cto)

So, it sounds like he thinks it will disrupt everything from funding, to payments, to securities, to identity, to accounting etc etc etc...

That just about covers everything Wall Street currently does!

Sounds like it will be more than just bitcoin though, right?

Yes, it will likely be a lot more than just bitcoin, but bitcoin will reign king as a store of value, akin to digital gold.

His takes on that can be seen here:

(Source: https://www.ccn.com/bitcoin-conquer-wall-street-coinbase-cto)

There will be different chains for different uses.

Nothing more than an internet connection to get started?

Now, that is world changing!

This will lower the barriers to entry which will likely accelerate technological innovation at an every faster pace.

All we have to do is sit back and watch it all unfold.

Stay informed my friends.

-Doc