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According to Coin World, Caitlin Long, CEO of Custodia Bank, stated at the Wyoming Blockchain Symposium on August 24 that the mismatch between the traditional financial system and real-time settlement blockchain protocols could lead to a liquidity crisis for traditional financial companies. "Because traditional systems cannot be updated in real-time, these fault-tolerant mechanisms have been built into the system. In the world of crypto, everything has to be real-time, and crypto is a completely different game. I am indeed concerned about how these financial giants will respond when the inevitable Bear Market comes again. I know some people optimistically believe that a Bear Market will not happen again. I have been in this industry since 2012, so I know it will happen again."