Saturday morning post about Software, Banking, Innovation, Disruption.
Real use and adaptation need to come from making things cheaper, more accessible, and convenient.
Cryptocurrency has all the potential of doing all three of those,
cheaper, as can scale internationally without any of the inherent costs of fiat, accessibility...
https://quantum1net.com/software-will-eat-banking/Obviously simply crypto wallet can make everything possible, but surely no one will allow to replace the banking system. There is big politics behind the banking system. So may be after 20 years we can expect it to be happen.
To capture the decentralized market they are launching centralized cryptos but people does not understand that and invest to that too with the big trust.
I actually don't have bank account, I only have Crypto wallet. I find it more convenient than bank. If this applies to me, then it is possible for everyone to get into crypto and doesn't see the need for bank. Crypto actually give us the freedom from third trusted party, this way it gives us the full control over our assets with any having any interest for it.