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Comment by throw3838

Blockchain does not make banking obsolete. We can already do business by moving raw currency around, but hardly anyone does that. There is a whole crypt banking sector that provides exchanges, custody, lending...

And if you take inflation overhead, consumed by miners and other services to keep BTC or ETH running (5% to 10% annually), there is not much advantage over existing banking.

parent throw3838 4 years ago

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