Friends, I have recently read an article on the future of the banking system thanks to proliferation of smart contracts, some countries are already preparing cryptobanking projects, and this should happen the next few years. Actually the conclusion of the article was that the free financial market - cryptocurrency is the future for the financial system. Do you agree? Is it so positive, or will the state regulation complicate things, but in my opinion it is inevitable for the banking sector, in your opinion?
Before cryptobanks become future, cryptomarket should:
1. Be regulated by governments and international organizations;
2. Choose which cryptocurrency will be used as a way of payment;
3. Update the technology and provide safety of system.
So, if these problem will be fixed, maybe cryptobanks will become our future
Even if this can be realized, I think there should be only 2-5 main cryptocurrencies that should be used as a benchmark, while others have been ensured to disrupt the continuity of the crypto ecosystem if they still exist