Post
Topic
Board Economics
Re: Banks must adopt new technologies to survive an ongoing “extinction phase”
by
DedgeDoge
on 17/11/2018, 06:57:33 UTC
Yes, I think blockchain and crypto are one of the technologies in question. I think blockchain technology that is decentralized and has transparency will be sought after by everyone rather than conventional bank systems that still use the old method. In addition, cryptocurrencies that are controlled directly by the holder will ignore bankers who are fully controlled by the central bank and the state.
Banks will adopt this technology once it would become spread all over the world. It will take long and longtime but believe me we will see the supremacy of bitcoin after years.