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It’s closer to two trillion. But I think 0.1% is a hilarious number to assert is too high a price to pay. How much is skimmed as central banks flow money to cit
by eof 5y ago
It’s closer to two trillion. But I think 0.1% is a hilarious number to assert is too high a price to pay. How much is skimmed as central banks flow money to citizens? How much is embezzled in corrupt orgs/nations?
Traditional finance puts power in men that don’t even need to hack anything to take far more than 0.1%.
Half of everything would be likely worth it if crypto lives upto even a smidge of it’s true promise.
- uncomputation 5y ago90% of Coinbase’s Q3 revenue was from transaction fees. One benefit of crypto is you have options to move to a zero-fee alternative, but let’s not get overly optimistic either. Many tradfi solutions will be copied at the outset because they work.