Kodak could have done something about the Digital Camera revolution.
Banks can't do anything about #Bitcoin
Kodak could have done something about the Digital Camera revolution.
Banks can't do anything about #Bitcoin
They can join it?
And provide what service long term?
Fractional reserve banking will die
You right but Sats is right too. Sadly banks getting involved in custody, despite that being their ONLY JOB at which they’ve failed with flying colors, would be big for mainstream adoption
And greasing the on ramps.
My point is that Bitcoin kills the current banking model and when disruption of that magnitude happens, most of the incumbents die off.
Bitcoin kills today's banks.
Banks can't stop it, but they can adopt it.
And have their model killed by it.
You're right, banks can adapt