I remember that on 1st January 2017 , the price of bitcoin is about $1000, but now we can see the price is already over $7000. To be honest, that is why some people said this is bubble since the unbelievable rising of bitcoin. However, let us look back upon the history, we can tell that Email subvert the postal industry, Amazon subvert the retail industry. Furthermore, Will bitcoin subvert the traditional banking?
Above is just my personal idea.If you like or not, I wish everyone here have a nice day.
Crazy right? A lot of people did not even dream of this happening let alone know about bitcoin. It really surprised a lot of us. Regrading bitcoin subverting the banking industry, I really believe not. It will be more on the banks adopting the blockchain technology. Which they already tried with Ripple.
Indeed crazy but believable. Many did not dream of this, true, but many people anticipated this through, and as crazy as it should, the anticipated prize that they've been predicting have already been surpassed. At first these assumptions that they've been making this few months are quite exaggerating but who would've thought that the actual prize right now even surpassed that of what they've predicted.
That's for sure, the retailers even the known ones will eventually adapt the blockchain technology.