Uploaded June 2026 | Updated September 2026, 1 week ago
Solana co-founder Raj Gokal on how crypto replaces the banker:
“All the way back to the Wild West, when you got to a small town, there was always somebody who said, I’m going to be the guy that sits at the desk and records everyone’s balances...
He would lend at a little bit of a higher rate than what he was taking deposits at and paying out. And that’s how he made money.
Bitcoin was the first time that there was no desk. It’s just software that does all of that tracking.”
Watch the full interview:
youtu.be/JTRN7h6jn38?si=8nHQ2mUyWCjcz2KQ
Solana co-founder Raj Gokal on how crypto replaces the banker:
“All the way back to the Wild West, when you got to a small town, there was always somebody who said, I’m going to be the guy that sits at the desk and records everyone’s balances...
He would lend at a little bit of a higher rate than what he was taking deposits at and paying out. And that’s how he made money.
Bitcoin was the first time that there was no desk. It’s just software that does all of that tracking.”
Watch the full interview:
youtu.be/JTRN7h6jn38?si=8nHQ2mUyWCjcz2KQ










