There is a lot of talk about blockchain technology. The creator is defined as a genius, but will this genius not fundamentally destroy the world as we know it. To leave thousands of people jobless and make the division between rich and poor even greater.
I don't think that blockchain technology has a destructive effect on the financial system because it is decentralized to save our financial system from collapsing, which is why bitcoin and cryptocurrencies are only showing stability. It was proven this year in 2020 due to the coronavirus and recession where stocks and banks have suffered. Also, the division between rich and poor had happened a long time ago before blockchain technology and bitcoin existed; that is why blockchain has nothing to do with that. And blockchain can actually help the poor that they can help them protect their saving like banks do.