Bitcoin and other cryptocurrencies are the epitome of financial technology or fin-tech.
The free, distributed, mutually independent nature of Bitcoin creation and mining could be the foundation of a more efficient and yes less prone to conflicts of interest financial system
Cryptocurrencies have already taken a market share from the leading Wall Street banks in the financing go young technology startups.
Bitcoin is slowly moving into payments and money transfers, which are the cash cows of corporate banks, so called Main Street banks.
Bitcoin and cryptocurrencies is a financial revolution, but with evolutionary speed.
A Russian analyst once expressed the opinion that Bitcoin is USD 2.0. Well, this remains to be ascertained...😉
If governments do not meddle with crypto, Bitcoin and cryptocurrencies could change everything.
No comments:
Post a Comment