@shainemata's thread

shainemata
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@shainemata
ยท

As crypto payment rails start to penetrate traditional finance, I think deposits will largely evaporate from banks into crypto. To make up for the loss, I can see banks becoming more service-oriented and making profit from transaction fees. Given the increased transaction velocity resulting from crypto, it is likely that this will largely offset the loss of deposits. Alternatively, banks can opt to become gateways, local branches, to our crypto wallets.

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