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RE: Banskter Admits That Crypocurrency Is Going To Eat Them Up
A lot of the develop world have millions of jobs related to banking. I will doubt they will all go away. Instead they will likely adopt accepting crypto and exchanging them. A decade from now if it happens it will not surprise me is everyone using crypto to by daily goods and services.
Millions of jobs already were destroyed in the banking sector.
Fintech is one of the leading technological areas...it started 15 years ago.
Look at the floor of the exchanges...where did all the traders go? They were automated out. Go to a networking event, where did all the stock brokers go? They were automated out. Where did the mortgage people and car loan specialists go who were working in each branch? Automated away. Branch managers? Reduced to covering 5 or 6 branches.
Next up...market analysts...some fund managers...compliance offers...hr personnel....