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Correction：Following a manual review of the individual's public original post on X and identity, this has been published as a clearly attributed opinion; unverified market or regulatory judgments are retained with explanatory context.
Why do some people think banks need to be scared of blockchain? or banks need protection?
Blockchain is faster, cheaper, and more easy to verify way of transferring value.
Blockchain is an open technology anyone can use, including banks. 🤷♂️
Changpeng Zhao wrote on X that banks need not fear blockchain, and that any individual or institution can adopt this open technology.
The following is analysis, separate from reported facts. Verify important claims independently.
He believes blockchain can make value transfers faster, cheaper, and easier to verify. These are the poster's views; the original post did not provide comparative data on different networks, fees, and settlement methods.
Helps readers understand this individual's public views on industry technology, products, or regulation.
Read personal views separately from verified facts, and consider the full context.
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