Although this is beneficial for developing countries, where traditional banking services may not be available or accessible, we couldn't deny the fact that it is slowly changing or disrupting the financial structure that we knew.
what do you guys think?
No reasonable economist will ignore the fact that Bitcoin is changing the financial system, it has come as an advanced system in the finance stream, and the world has no choice but to embrace it. Although I advocate a workaround it in terms of regulation, which is the only way it could stick to a more merit side than the negative side.
With regulations, economies would be recorded for the due countries and illicit transactions would reduce unlike what is happening now.