4 ms·
Compliance, integrations, archiving, reliability, staff, electricity, dividends -- banks and intermediaries are for-profit businesses. Somobody needs to pay for
by imhoguy 9y ago
Compliance, integrations, archiving, reliability, staff, electricity, dividends -- banks and intermediaries are for-profit businesses. Somobody needs to pay for that.
Crypto transfer costs too -- miners do bankers job.
- iovrthoughtthis 9y agoI want to understand deeper though. I get how their businesses work at a high level. But why is all of that required to facilitate a transaction?