🤣🪦RIP. Mistake is comparing crypto exchanges to traditional brokers. It's Borders as a comp for Amazon all over again. "Book margins are coming down and Borders has cafes." 👨💻Ya, but what about the meteor? 🦕What meteor? ☄️This one, #BTC itch. 😵🔥🍖😋
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Legacy "fees" are still there, hidden or moved. Crypto brokerage is just one service that is powered by a gigantic stack of infrastructure that replaces like 20 other middlemen and ancillary businesses. Revenue diversity will grow with adoption, paradigm shift over next 10 years.
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Please support that statement.
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Call me skeptical, but there couldn't possibly be an ulterior motive here could there...?
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