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?
I agree, taking into account the benefits derived from the development of blockchain technology and the freedom of transaction technology. The problem in the current cryptocurrency concept is security and fluctuations that are very fast. The government should at least try blockchain technology as a banking system, leaving aside the matter of regulation and prioritizing the benefits of this technology.