Crypto still a far ways away..

in #promo-steemit7 years ago

The best thing about this whole crypto surge is it is still far away from becoming a serious means of value transfer. Cryptocurrency have just started making a name for themselves and they are not going away anytime soon. All the banks who want to be ignorant towards a technology that will make the banks obsolete all the power to them. The thing is the banks need crypto more than crypto needs the banks.

Once Bitcoin is traded on the future exchanges more people around wall street and large institution will start to familarize themselves with the emerging technology. In hindsight it is so crazy that that tech geeks found a way to dismantle the whole financial system. Slowly but surely we will start to see banks panic, once people start to withdraw there money and deposit there money into crypto the fractional reserve banking system will be a thing of the past.

Until that time occurs the crypto community has a lot to figure out to make this technology more feasible for the public. The more brain juices that start to arrive in this field the faster a lot of problems will be solved. I believe it is a good thing we have not reached even 1% of the global masses. There are still a lot of things that need to be worked on before the masses start to pile onforward-thinking-logo.png

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