‘The Chicago Mercantile Exchange (CME) pioneered derivative products to take away future risk from those producing the commodities and transferring that risk to a highly efficient market. It was about solving fundamental problems to advance society & increase human flourishing.
A famous Chicago financial culture is not doing ‘handshakes under the table’ but rather embracing integrity, ethics & moral behaviour. It’s a brick by brick city with mid-west values.
That is why in my opinion, Chicago understood #Bitcoin before New York’
Jack.Mallers reflecting on his family roots and role in The Chicago Financial Culture on the Rick.Rubin podcast Tetragrammaton
