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.
The business of lending banks is based on the ability to create money with a limited deposit on a central bank. They have a huge advantage over cryptos and will use it.