Over the next decade bitcoin is going to grow so much that it takes away all of a banks services except for loans. Bitcoin native apps will be used for all deposits payments transactions and money flows. There would even likely be decentralised lightning native flash loans that take on the role of credit cards.
At that point the only thing a bank will be able to offer is larger loans like loans for a car or mortgages.
Essentially this means all banks on earth are going to go from being these big financial behemoths to nothing but a boring home loan center where their only service is a mortgage.
They are going to stop being these glorified financial leviathans and are going to become nothing more than glorified loan sharks offering home loans. From the biggest names plastered across the Hong Kong and Singapore skyline to boring mortgage centers.
Submitted September 06, 2023 at 04:48PM by slvbtc https://bit.ly/45DoPY5
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