You are viewing a single comment's thread from:

RE: Bankers Are Just Glorified Bookkeepers

in LeoFinance2 years ago

Blockchain will not only kill banks and credit communities, it will destroy kickbacks, because open access allows you to trace every transaction. This will deprive corrupt officials of the opportunity to do their business quietly in fact, the whole construction business is based on this, land markets, obtaining licenses and permits to open a business, you can trace everything, and they cannot hide anything from those who voted for them in parliamentary elections and things like that.

Posted Using LeoFinance Beta

Sort:  

That is true also. There are going to be a lot of things destroyed by the technology that is being developed. As more innovation takes place, we are going to see a massive paradigm shift arising.

This will filter through to most industries. It is hard to envision how it will exactly look but we have some general idea.

The digital world is becoming more important with each passing day.

Posted Using LeoFinance Beta

Anyone who sees a danger for himself, like a horse in blinders, will not see the importance of future changes and will not bend his behavioral line)

Very accurate. Most seem to have blinders on.

Posted Using LeoFinance Beta