🚨 Tom Lee Warns: Traditional Finance Dominance May Skew Crypto Views!
According to a recent report by Binance News, about 99% of financial activity still runs on traditional financial infrastructure. Tom Lee points out that this dominance might cause investors and businesses to view crypto as a niche area and underestimate the rapid pace of change.
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Furthermore, banks without crypto business channels or strategies risk facing a severe competitive disadvantage as adoption accelerates.
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Are traditional institutions moving too slowly, or will they catch up in time? Drop your thoughts below! 👇
$BTC $ETH
According to a recent report by Binance News, about 99% of financial activity still runs on traditional financial infrastructure. Tom Lee points out that this dominance might cause investors and businesses to view crypto as a niche area and underestimate the rapid pace of change.
JPG+ 1
Furthermore, banks without crypto business channels or strategies risk facing a severe competitive disadvantage as adoption accelerates.
JPG
Are traditional institutions moving too slowly, or will they catch up in time? Drop your thoughts below! 👇
$BTC $ETH