Highlight clip: CZ: From a financial center, it's hard to imagine life without a bank account.
On November 3, Binance co-founder Changfeng Zhao (CZ) spoke at the Oxford Union. In discussing money freedom, he started with a simple example: paying a bill. He said that in an established financial center like the UK, it can be difficult to appreciate the difficulties of living without a bank account. However, in parts of Africa and Southeast Asia, financial services are difficult to access, and paying a single bill can take three days. He offered an example of how crypto could help: even if a village only had one smartphone, residents could use it to pay their bills in three seconds and save themselves a trip.