Great news the Bankers are starting to accept that they can't win.
Decentralization is here to stay, cryptocurrecies will kill fiat over the next 10-20 years, mobile crypto wallets will be the norm, nobank accounts, one third of Kenyans have a mobile hone wallet already.
Keeping the crafty bankers from centralizing some coins and pumping the price and then ordinary people losing their money when the coins are dumped will be a challenge.
bankers coin ripple is centralized owned by the bankers and someone (banks) bought 900,000 ripple dec you can see the transaction on the blockchain at youtube
Nick
Certified Bitcoin Professional
Yeah the banks getting involved in crypto has me a little worried. I recall reading recently a book that mentioned how the banks getting into commodities, both physical and paper, resulted in the huge price swings in the mid to late 00s.
Had real world consequences when the price of wheat doubles / triples for those who cannot afford it.
Yes agree!
Smart money moves much faster than any news, predictions, or statistics. All those are lagging behind. So we see so much money already being poured into cryptos. This is sign number one, that blockchain and cryptocurrencies are here to stay.