Post
Topic
Board Economics
Re: Can blockchain replace the traditional banking system?
by
anggoro manise
on 14/08/2021, 17:52:04 UTC


Blockchain is not going to replace traditional banking rather they’ll coexist in the future. In theory is makes sense but it is not pragmatic. Think about it for a second. If blockchain supposedly replaces traditional banking, it means that all cash would “disappear” and world would use crypto all of the time for everything which as not possible.
yep, totally agree with you. such as bicycles, even though there are motorized vehicles, bicycles are still used. as long as they can coexist then blockchain and traditional payments will also be able to be used together and are interconnected and need each other.