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Sorry to drag out old slashdot nomenclature, but what you are saying is: 1. Use cryptocurrency 2. Fire 10% of bank employees 3. ??? 4. Profit! I am no expe
by sentenza 13y ago
Sorry to drag out old slashdot nomenclature, but what you are saying is:
1. Use cryptocurrency
2. Fire 10% of bank employees
3. ???
4. Profit!
I am no expert on banking, but I'd be really surprised if 10% of banking employees were doing things that become unneccessary with cryptocurrencies.
Most steps that can be automated are automated already, and the number of sysadmins certainly won't decrease.
That is, here in Europe. I've heared that there is some inefficient weirdness going on with "wire transfers" in the US, but that is not the case here.
- lukifer 13y agoActually, what I said (or implied) is: fire most bank employees, all of whom will end up doing something more useful, and 10% of whom will no longer need to drive to work every day. :)