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RE: Why are banks so profitable?
Indeed. People need to learn to take charge of their own money. Though the problem I see is that the vast majority are still too use to the existing system.
Cryptocurrencies still have some way to go to make it seamless for less technical users to start using them. However, as millennials and future generations come to age, that will be less of an issue. In addition, crypto usage experience is also improving by the day which is really encouraging :)