How do crypto banks actually make money? ▰ Depositing - Software or hardware product/service fee model ▰ Spending - Credit card transaction fee model ▰ Borrowing - Vault collateral or lending model ▰ Growing - Exchange fee model All explained in one image—no wonder they say if you want to make money, start a bank! The speed of capital flow determines the profit ceiling, got it? h/t: @0xfishylosopher | @panteracapital