PANews, August 24 - According to Cointelegraph, Custodia Bank CEO Caitlin Long stated at a blockchain seminar in Wyoming that the mismatch between the traditional financial system and real-time settlement blockchain protocols could lead to liquidity crises for traditional financial companies. “Because traditional systems cannot update in real-time, these fault tolerance mechanisms are built into the systems. In the crypto assets space, everything must be real-time, and cryptocurrencies are a completely different matter. I do worry about how these financial giants will respond when the bear market inevitably comes again. I know some people are optimistic and believe that the bear market will not come back. I’ve been in this industry since 2012, so I know the bear market will come again.”
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