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?
Not totally disruptive but there would be some key areas which would really be mainly affected but it wont really be totally make it been destroyed but rather Bitcoins existence would really be just an alternative.
It is really just that these traditional firms and institutions cant really be able to bare up in regarding into its existence and this is why they would really be criticizing it as much as they could and making it look bad.
We arent that dumb not to see into its benefits and on being alternative when it comes to various functions.Also, no matter how it would progress or would be known out which it is impossible that the
traditional monetary system would be replaced by it which is really that impossible.