There are a lot of reasons tossed around why the banks are in trouble. This is seen a great deal in the crypto world. Many of these reasons are valid.
In this video, I discuss something a bit different. I go to what I think is the crux of the matter. As we evolve deeper into a digital driven world, there is one thing that is going to affect the banks.
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And this isn't just for AI it's for any entity that can't KYC or that doesn't pass KYC.
Eventually they may get the greenlight to pivot but by then it will be too late and everything will be integrated into permissionless systems which is the better solution anyway. There's no coming back from that.
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STOP or to resume write a word START