Investment bank Lehman Brothers has existed for 158 years. It lived through the great depression of the 1970’s but was powerless in the face of the 2008 credit crunch. 10 years ago, September 15, 2008, it filed for bankruptcy.
Only half a year later bitcoin was created - as a way to cure the traditional but imperfect financial system
As Lehman Brothers fell, it proved the that a centralized banking system is imperfect. Banks still operate and develop put people discovered an alternative - cryptocurrencies.
Day after day bitcoin asserts its position as an innovator and even banks turned their attention to it. It’s becoming apparent that the financial system is seeking to cooperate with cryptocurrencies. Wall Street veterans join crypto startups and banks such as Morgan Stanley and Goldman Sachs begin developing their own crypto tools.