Some say it doesnt really pose any kind major threats to the financial system, since its too unstable to be accepted as a regular currency. However, others say it will totally disrupt the current model. What do you guys think?
The sector that is most threatened is the banking sector of the financial system.
Cryptocurrencies featured store of value provides a well secured alternative means of storing fiat in form of Cryptos could pave way for diverting investors to withdraw their fiat to Cryptos which also features anonymous transactions, although Cryptos is not ripe enough to be deployed as a regular currencies however it indeed threatens the financial sector of the economy.