Re:Bitcoin's mining difficulty has increased by 41.9% over t...
by gritzko on Tuesday December 22, 2015 @11:11PM
(#10781904)
My point is: banks are not driving around trucks full of gold bars (like some other commenter suggested). These days, it is mostly electrons moving. They also minimize the number of people involved.
I believe, the remaining people are doing something useful. Like answering my calls and investigating incidents, for example.
Maybe you meant the thesis I was responding to that banks use 1% to pay salaries.