Post
Topic
Board Economics
Re: It already started...
by
Hazir
on 09/06/2015, 14:44:35 UTC
HSBC to sack 50,000.  http://money.cnn.com/2015/06/09/investing/hsbc-job-cuts/index.html  

Get used to headlines like this, banks are going to spend the next ten years explaining why they are 'downsizing'.  The largest bank in the world - is pretty much lost for reasons why they no longer figure out ways to make money.

Good riddance.
Yes, banks are cutting expenses, no surprise there, but again how many people are involved in bitcoin and how many jobs bitcoin created? Not many I think.

I would be more concerned about this: http://money.cnn.com/2015/06/08/technology/abra-bank/?iid=EL

Your bank account: The next thing to go obsolete. It might finally be time to break up with your bank.  It will be huge opportunity for bitcoin.