Post
Topic
Board Economics
Re: Disrupting Wall Street
by
criptogoon
on 04/10/2017, 17:48:30 UTC
I've started recently reading A LOT about blockchains and cryptocurrency. Do you really think that this is the technology that will finally disrupt Wall Street?  After China and South Korea banned the ICO's (and cryptocurrency in China) I am still sceptikal. What do you think and how can we achieve it faster?

I'm afraid that at the moment the strength of Wall Street, both in monetary terms and in the negotiating power, is much greater than that of bitcoins. The difference in strength is enormous.

In addition, it was very naive to believe that the government will not begin to regulate the crypto-currency market. Considering the huge resources of such countries as the US and China ... I think you understand everything yourself.

The only thing that is really worth doing is to expand the scope of bitcoin in small and medium businesses. But high fees, the lack of IT infrastructures hinders this.