Re:Blockchain Is Dangerous Nonsense
by Grustaf on Thursday April 28, 2022 @05:47AM
(#31190568)
I mean you don't need people to manually make money transfers anymore, but I don't think many people do that. Banks have a lot of different jobs, very few of them are obsoleted by crypto, at least so far.
[ Parent
| on HN ]
That’s the opportunity, right? Some code does the work.
As I said, little or no manual labour is involved when you pay your bills or transfer money. Bank employees meet customers, set up mortgages, program the payment infrastructure, make deals with other banks, help hide money in shady jurisdictions etc.