...and crypto will put a huge hurt on banks when it goes mainstream.
I wrote a post about a year or so ago calling for the death of banks. I had people coming to my post from who knows where to blast it saying that banks did too many things. I replied by asking if they were aware that the banking industry lost half of the mortgage business and growing each year?
Of course, no response.
Traditional banking will likely be whacked if the Libra alone is successful. After that, the services by commercial banks might start to get hit due to the innovation of the DeFi/crypto world.
Posted Using LeoFinance Beta