Yet another episode marked with high spirits and excitement. well done jenny.
To my Miss Z, now i feel like that was a kiss from a rose. I cherish you too
As much as i'm faithless in the current traditional banking, i still think rather than them go down the drain just like that, some parts of the blockchain technology will be adopted by them. Perhaps an innovation on the blockchain that scales up easily with the world's direction. Ripple was created for that purpose of centralization and it is only a matter of time before we see banks creating their coin or token,
We may loathe it as we want, traditional banking still offer some modicum of accountability to transactions. I mean, it is practically impossible for me to go and hold Satoshi Nakamoto in his neck to provide me a way of recovering stolen funds in case i got exposed. The principle of traditional banking allows for accountability and you could shout your way to the hearing of the manager should an ant eat one cent out of your money.
Our problem simply lies in their arrangement today. It has deviated from simply holding people's money to making excessive profits. It is now a system that takes from the poor and give to the rich ( through loans). Hence, our sentiments about the scammish mould.
You made a whole lot of sense
Thanks much for your contribution
Congratulation you have been awarded 0.3 SBD for your awesome contribution to the topic of discussion