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Re: Soon we would not need banks
by
Retty
on 27/08/2018, 19:52:45 UTC
Despite what many people may think or hope, we are a looooooong way from the end of banks!

Crypto is still very much in its infancy. Yes there is lots of activity right now in the crypto scene, but theres a lot of crap needs to be flushed down the toilet first! Banks still play a very important role and i think will continue to do do for a long time yet- certainly in the western world where i am.

Also crypto has to appeal to the majority of people before any such statement could be made. At present- we are a long way off!

It might be the end of banks in some countries who have corrupt governments and/or currency that is hyperinflated, but thats not happening where i am and i don't envisage it anytime soon either.