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RE: Why Cryptocurrency Are 1000x Better Than Banks!
We are looking at the removal of friction on the transaction process. Banks are a costly middleman that only slows the process down. They built the system which they are protecting dearly.
I agree banks do not stand a chance. This is a done deal. People want to spread FUD that the banks can actually do something about blockchain and what is taking place. They cannot. That is why they are trying to con the public into believing they are going to evolve and produce their own cryptocurrency. They are not. They will develop another form of digital currency they control. As for blocking it, who knows if they will since the blockchain will be controlled by them.
No need for transparency, just what the banks like.
Cryptocurrency will be able to free us to a certain extend from the power of banks but it'll be still a long and bumpy road until we will be ultimately free. They won't give up the fight and use the new technology to improve their business just to stay in the game a bit longer.
In the end the people will win, the banks will loose!
The banking con job must die !
I totally agree Banking is just aged and the fact that we can remove ourselves from a system that has only aided a few select people i.e. the Rothschilds using things like our Central bank for their benefit even the Rockefellers had heavy ties to Chase bank I'm not being a conspiracy theorist but theres a reason they don't want to see the Crypto market establish itself and create a new wave of money and people holding that money. The fees for things like transferring, using a different bank, and overdrafts are ridiculous they let the stuff happen to make money hand over fist and its time to cut them out from a business aspect if youre using a middleman who is untimely and overpriced you remove him from the equation to better your business or in this case yourself and we are going to be upon that time soon enough.