bank account

also referred to as: bank accounts

7 statements across 7 episodes · 2 bullish · 1 bearish · 6 people on the record · first statement Jan 2, 2019 by Brian Armstrong · across every show →

Everything said about bank account, oldest first

Jan 2, 2019
Assertion Contradicted
Armstrong: Two to three billion cell phone owners are unbanked
“And there's something like two to three billion people in the world who have a cell phone, but do not have a bank account or credit card.”
Brian Armstrong Jan 2, 2019 ▶ 6:06 a16z Podcast | Bitcoin, Greece, and What’s Next for Cryptocurrency
Jan 2, 2019
Assertion Supported
Burbidge: 190 million people in India opened bank accounts in four years
“You look at what's happened in India, they've had a hundred and ninety million people open up bank accounts in the last four years”
Eileen Burbage Jan 2, 2019 ▶ 40:28 a16z Podcast | Fintech from the World's Financial Capital -- London
Jan 2, 2019 bullish
Prediction Not checkable as stated
Armstrong: Future generations will never own traditional checkbook bank accounts
“There's going to be this whole generation of kids that grow up, and their phone is the only bank account they've ever known. They're never going to have a bank account in the way we think of it with a checkbook or something like that”
Brian Armstrong Jan 2, 2019 ▶ 15:48 a16z Podcast | Building Crypto, from Vision to Reality
May 8, 2019 positive
Insight
Carlson-Wee: Ethereum wallets function more like web browsers than bank accounts
“For me, I started seeing a big, like, breakthrough in my head was when I realized that Ethereum wallets were actually more like browsers than bank accounts.”
Olaf Carlson-Wee May 8, 2019 ▶ 1:47 Seven Trends in Blockchain Computing (Spring 2019)
Aug 29, 2019
Assertion Supported
Kamvar: 3.5 billion people globally lack active bank accounts
“1.7 billion people in the world don't have bank accounts. And about three and a half billion people in the world don't have active bank accounts.”
Sep Kamvar Aug 29, 2019 ▶ 1:14 Taking Crypto Beyond Volatility: Stablecoins
Nov 21, 2023 neutral
Insight
Daher: Core financial systems are too onerous for companies to easily replace
“Like you're probably not going to rip out. Your payroll system or your corp card or your bank account. It's just, or you're like, you know, your credit card processing system. It's just so onerous once those are in to remove them.”
Waseem Daher Nov 21, 2023 ▶ 9:20 Doubling Down on Founder-Led Sales with Pilot's Waseem Daher
Nov 3, 2025 negative
Assertion Not checkable as stated
Sacks: Crypto company founders faced personal debanking in the US
“And by the way, it wasn't just crypto companies that were being debanked, but their founders were being debanked personally. So if you were the founder of a crypto company, you couldn't open a bank account.”
David Sacks Nov 3, 2025 ▶ 7:01 Sacks, Andreessen & Horowitz: How America Wins the AI Race Against China
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