The amazon effect is similar to the walmart effect.

With the walmart effect it was mop and pop stores that were affected whereas with the amazon effect it is the established larger companies that feel the effects. But the root cause is the same.

When you can't or won't adapt to new market conditions, you will suffer.

Some banks will surely adapt. Others won't.

Those who realize that we will see a restructuring of the financial world due to blockchain technology and embrace it stand a better chance. Those who try to fight it will be buried in debt while they wage a losing battle.

The message is simple, say bye bye to the bankster controlled world.

Thanks for the post.

Keep Steeming!