Post
Topic
Board Economics
Re: Banking is Dead… Long live Blockchain Banking!
by
FunGate
on 03/12/2018, 15:01:33 UTC
Once it's socially accepted and risk-free to make crypto transactions, no one in their right mind would stick with traditional banking systems.

You have little control over your hard-earned money and very little financial privacy or freedom. Various people can know exactly how much you make, what you buy and these funds can be seized by governments. Also expensive to make foreign transactions!! Not too practical in a globalised world.