Could an eco system of crypto currency truly fully replace banks?

in #economics6 years ago

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I think there are very few amongst humanity that would disagree that our current financial system needs an upgrade.

For those skeptical of crypto currency being able to replace our current system, I would like to ask what it is you think banks offer us more than crypto currency can already give us.

Do you think banks will be obsolete through crypto, how long do you reckon it will take, what will be the bottlenecks?

Are there any economic specialists on Steemit that could give a good argument against using crypto assets and why banks will be around for years to come.

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Hola, solo venimos a avisar que en este buen post estamos de fiesta porque...

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@oudekaas you were flagged by a worthless gang of trolls, so, I gave you an upvote to counteract it! Enjoy!!

Your thinking line on currency system is perfect. I understand economy very less but believe cryptocurrency is our future which will replace fiat currencies in the days to come.

thank you @hkabir62 a good understanding of crypto is more important imo, to spread the word and move away of the idea that we require third party institutions to baby sit our money and them making it worth less every year. 😄

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