In 5-10 years Bitcoin really can make significant inroads into the bread butter financing business of the top 5 Wall Street investment banks, namely Citigroup, Bank of America, Goldman Sachs, JP Morgan Chase and Morgan Stanley.
And the investment firms that have embraced Bitcoin and cryptocurrencies or crypto for short would take a not insignificant market share from the bulge bracket Wall Street investment banks.
The big banks on Wall Street have always overlooked the smaller technology startups and small firms in general, because, according to the leading investment banks, small firms cannot produce large ticket single Mergers and Acquisitions, IPO or debt underwriting transactions.
An untaken niche, which crypto could scale up very quickly.
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