Post
Topic
Board Economics
Re: Future without Middle men big way, but big Question?
by
HarmonyA
on 12/01/2020, 23:52:03 UTC
I see the World is Going to the Way that no Middle men anymore!

Like decentralized banking the New era  of living.

Like uber and Even mobile apps where u can hire someone for the Job or u can get job anytime When u Want....



But the question is :

What about Middle - men? 
If we Don't have banks anymore traditions ways then are the bankers Will be unemployed? 


Do you think  life without middle men Will be better? 



Banks are not the only mediators in financial transactions. Decentralization doesn't totally take away middle men, rather it reduces their chances of interfering in every transaction,  and as well reduce their charges.
Decentralized banking will make computer networks your mediators and the transactions won't be reversible,  and in place of an error, there will be no one to blame except yourself (the transaction initiator).