Post
Topic
Board Economics
Merits 1 from 1 user
Re: Is Bitcoin Disrupting our Financial Landscape?
by
serveria.com
on 28/02/2023, 07:40:27 UTC
⭐ Merited by JayJuanGee (1)
As we all know that Bitcoin is firstly introduced to us for it's convenience and numerous benefits. Being banked or underbanked, we can still enjoy the benefits and the accessibility of transactions as long as we have access to internet. Another benefit also is the anonimity it gives to people(although some would probably say not totally). By this, it is only right to say that Bitcoin has the potential to completely transform the way we think about money and finance. Compared to what we traditionally knew about finance, cryptocurrencies and bitcoin allows an individual to participate on the global economy without much requirement that otherwise it would be impossible. 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?

Yes, slowly but steadily it's doing just that.. but, a real change will come when banks will start closing or moving to BTC, countries will start embracing Bitcoin en masse, Bitcoin adoption by retail users will reach 90-95%. Only then we'll start to enjoy all features Bitcoin has to offer, all it was designed for. But yes, I agree Bitcoin is changing finance for good.  Cool