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Talk:Ether
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=== Traditional Financial Systems === # Operational Costs: Traditional systems often involve significant operational costs, including staffing, physical infrastructure (like branches and offices), and maintenance of IT systems. # Intermediary Fees: Transactions usually involve multiple intermediaries (like banks, brokers, and clearing houses), each charging fees for their services. # Compliance and Regulatory Costs: Adhering to financial regulations and standards can be costly, especially with the need for regular audits and compliance checks. # Transaction Costs and Speed: Traditional systems can have slower transaction times (especially for cross-border transactions), and fees can be high due to multiple intermediaries. # Fraud and Security Costs: Costs associated with fraud prevention, data breaches, and other security measures can be significant.
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