TLDR Tech / Crypto
Why Rich People Don't Carry Cash
The relationship between people and money inverts as wealth scales. It goes from cash-based personal trust at street level to systemic, infrastructure-based trust at the institutional tier. SWIFT processes roughly 45 million messages per day across 11,000 institutions in 200+ countries, while the FICC clears $7 trillion in daily Treasury volume, all largely invisible. Institutions select financial infrastructure based on track record under stress rather than innovation, and positions real-time blockchain settlement as the next evolution of that plumbing.
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