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5 points

Banks are nothing if not efficient.

Banks are businesses made up of people. If a manager thought he could get a promotion by supporting a blockchain project at the height of blockchain mania, that’s what he would do. Whether if fails or not is of no consequence, the manager is already on another project.

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1 point

My experience working in banking is that they’re extremely conservative. They don’t take big risks on new technologies or processes and don’t modernize their technology too quickly to be certain that everything works as expected and doesn’t surprise anyone

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