True. Inernational transfers using the banking systems are expensive enough. Plus it takes quite a few time. Crypto allows me to do this real quick while not paying a cent for the transaction to be made.
In this case, what do you think about the future of the bankong system? Will there still be a demand for them?
No I dont think so, because now people likes to invest in crypto currency and they are now at high demand it is beneficial ad it helps us to get out of financial crises, we will have to move with and time says we should accept the value of crypto currency which is much higher than banking now, people got it as best place to save their money for long term.
Cannot but agree! Banks would take risks and admit it's more onvenient to use crypto as a payent for people. Along with its usability it allows to save some money. Say, a-eur that you can transfer for free around the globe and then exchange it to fiat money.