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 cannot catch up to cryptocurrency because they have different concept, they are getting profit from taxes while cryptocurrency does not have tax and it will just continue to grow as the time goes by depending on the investors interest.