Post
Topic
Board Economics
Re: what will happen to banks?
by
South Park
on 18/01/2018, 18:37:46 UTC
Since banks profit from fees and blockchain will kill fees, my guess is banks will be negatively impacted.
Some banks are already stepping into the blockchain world.
But blockchain will not bring back the profits as otherwise.
Any thoughts?
Apologies if this is not the right place to discuss.
Thanks in advance.
Banks are going to survive, they are just going to adapt and learn how to manipulate people to keep using them, we do not even need banks now and people keep using them so I'm sure they are going to find a way to trick people into thinking they need banks to secure their bitcoin.