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0 points posted by RedditRepost (910cb7a1…) to cryptocurrency 2 months ago

tldr; Banks have a history of building complex, “walled garden” IT systems, while fintechs have built efficient front-ends that act as “middleware” between antiquated back-end systems and the user experience demanded by customers. Bitcoin is a “Money Over Internet Protocol,” as is Ethereum, potentially. Banks’ IT systems will never be able to compete with that.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

This is an automated repost from reddit. View the original post.

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