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RE: Banks will be replaced by exchanges in the coming years

in LeoFinance2 years ago

Yes and no as banks will still be around maybe not used as frequently. The problem is the exchanges themselves as so much has to change in order to see this happening. Would you be happy replacing your bank with a Binance or the equivalent as I know I wouldn't and I am someone who hates banks but sees their uses. The exchanges have to come a long way and make so many changes before they become a viable option for the masses.

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Yes true there is still a long way to go before we can expect banks to completely vanish.