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Replying to Avatar mike

Technology disrupts most, but not all.

Most phone companies are now ISPs

Kodak didn't become a digital photography company

Xapo is already a pure Bitcoin bank, Coinbase is becoming one.

Others like Revolut include Bitcoin services.

Will banks survive and thrive with Bitcoin (a lot of people are still addicted to custodial services) or will they die?

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π•žπ•ͺ𝕑𝕒π•₯𝕙π•₯π• π•—π•šπ•£π•– 8mo ago

It depends if credit stays or not I think. Do we move to a fully asset based monetary system again or hybrid!?

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mike 8mo ago

I hope it doesn’t

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π•žπ•ͺ𝕑𝕒π•₯𝕙π•₯π• π•—π•šπ•£π•– 8mo ago

Certainly the technology available now doesn't warrant giving banks this special privilege anymore. We've already seen massive consolidation b Banks and closing branches.

https://youtu.be/8jzDnsjYv9A

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mike 8mo ago

Yes

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