When Shift Happens Podcast

E138: President of Solana: How Bitcoin and Solana Are the Future of Banking

46 snips
Sep 11, 2025
Lily Liu, the President of the Solana Foundation, dives into the future of finance by positioning Bitcoin as digital gold and Solana as a vital infrastructure supporting the unbanked. She discusses the challenges posed by the growing national debt and the importance of innovative financial structures. Liu also reflects on the social constructs surrounding money and the significance of breaking away from traditional banking systems. Her insights into leadership within the crypto space highlight Solana's vision for an inclusive economic future.
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INSIGHT

Financial Infrastructure For The Internet

  • Lily Liu frames her work as building financial infrastructure for the internet so anyone anywhere can access money that works.
  • She argues internet-native money enables economic opportunity and human flourishing at scale.
ANECDOTE

Zimbabwe Shows When Money Breaks

  • Lily recounts visiting Zimbabwe in 2007 when money failed and daily transactions became negotiations due to hyperinflation.
  • She uses the story to show money must store value and be movable to function in daily life.
INSIGHT

Money Is Social, Not Just Technical

  • Money is a social construct whose value depends on collective acceptance rather than intrinsic properties.
  • Crypto shifts who can define and opt into monetary standards, expanding monetary possibility beyond states.
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