Bitcoin the hero we never knew we needed
What kind of hero do you mean? Is it because the price is high? but only people who have money and buy Bitcoin can get the benefits so not everyone, so only the rich can own a lot of Bitcoin and get big profits when the price rises.
Remember it was less than a dollar in 2009 so don’t speak as if it was always made for the rich, everyone was given a chance and if you did at that early stage you wouldn’t sound this way.
My question to us right now do you think Bitcoin will eventually erase the commercial banking sector???
Not now, in fact I think not forever because there are traditional things that can be lost but there are also things that will last forever, and also because commercial banking or conventional banking is a system developed by the state so forever countries will maintain this because they can find out how much money its citizens have because that data can be obtained by the state without any problems.
Nothing lasts forever including the Banking institution, It didn’t start the way it currently is right now everything goes through a process, Fast forward many years from today with several improvements and advancements in technology do you think Bitcoin won’t evolve and grow.
I can clearly imagine in the near future due to global adoption of Bitcoin, banks begin buying over majority crypto currency’s so as to gain control of them with the help of governments to control our finances though I believe this will be impossible or rather harder to achieve.