05-01-2021, 02:00 AM
Before you think banks are dying, understand this..
<!-- SC_OFF --><div class="md"><p>JP Morgan created its own Ethereum fork for permissioned blockchains way back in 2017.</p> <p>Visa has been quietly accumulating ETH for over 2.5 years now.</p> <p>Amex has been quietly sending its execs to Blockchain conferences to give talks and sit on panels.</p> <p>Almost all major banks have been working with Ripple since 6 years.</p> <p>And they all have numerous patents in the field.</p> <p>Banks aren't going anywhere. They're just making sure they make more money in volume now that their commissions are going to be reduced. Who do you think is pushing up the prices of eth and btc? Or any other coin/token for that matter?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/FirefighterFar8756"> /u/FirefighterFar8756 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/n1qxaj/before_you_think_banks_are_dying_understand_this/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/n1qxaj/before_you_think_banks_are_dying_understand_this/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>JP Morgan created its own Ethereum fork for permissioned blockchains way back in 2017.</p> <p>Visa has been quietly accumulating ETH for over 2.5 years now.</p> <p>Amex has been quietly sending its execs to Blockchain conferences to give talks and sit on panels.</p> <p>Almost all major banks have been working with Ripple since 6 years.</p> <p>And they all have numerous patents in the field.</p> <p>Banks aren't going anywhere. They're just making sure they make more money in volume now that their commissions are going to be reduced. Who do you think is pushing up the prices of eth and btc? Or any other coin/token for that matter?</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/FirefighterFar8756"> /u/FirefighterFar8756 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/n1qxaj/before_you_think_banks_are_dying_understand_this/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/n1qxaj/before_you_think_banks_are_dying_understand_this/">[comments]</a></span>Kind Regards R