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RE: Three Reasons For The Banking Industry Collapse

in #banking3 years ago

Crypto could could work, co-exist with the banking system if the banks starts of course doing better than it is currently doing, in Nigerian banks for example, you're not even given a reason to save unless you're a multibillionare with a lot of money to save, its why people are seeking other options in this side.

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Banks ultimately might only be front ends for what is taking place. They will provide customer service and leverage their names.

It is like with mortgages, they dont hold them. Banks only service the loans for a fee.

We will likely see more of this.

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I guess you're right, we will likely see more of this.

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