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31 sats \ 0 replies \ @roy OP 19 May 2022 \ parent \ on: I'm Roy Sheinfeld, the CEO & founder of Breez, in love with the Lightning economy, AMA!!! ⚡ bitcoin
Great question. I think neobanks will have challenges with global outreach due to regulatory requirements. KYC causes friction and AML are limiting.
Long term I also think the on-chain cost of a non-custodial solution will be lower, making it very competitive with custodial services.
More next week 😉