Re:No one is disrupting banks
by forgetfreeman on Sunday January 26, 2025 @06:53PM
(#42835610)
Crypto has never posed a credible threat to any aspect of the establishment, and it never will. Need proof? You don't have to go through an arduous screening process to acquire and deploy compute. The finance industry saw a pool of dumb money forming and predictably decided they'd like a slice of the action.
[ Parent
| on HN ]
> an arduous screening process to acquire and deploy compute
That right there is more unlikely than crypto becoming a credible threat to the banking establishment.
If you want to see a lot of dead bodies of rich people in the street, tell the rest of the world they can't have their smartphone and laptop and Xbox and Playstation.
That's a great way to get yourself killed.
Re:No one is disrupting banks
by forgetfreeman on Sunday January 26, 2025 @08:10PM
(#42836198)
lol what
Re:No one is disrupting banks
by JumpCrisscross on Monday January 27, 2025 @11:56AM
(#42843109)
> there is more unlikely than crypto becoming a credible threat to the banking establishment
Follow the money: Wall Street loves and lobbies for crypto.