The less people opting into the system means the current system will just naturally come towards us. We have seen an increase interest from the corporations and banks into crypto because they are noticing the smaller pie of funds going into their end. They want to have access to larger markets and crypto is definitely a growing market. So all we need to do is just keep developing and using the chains so they will be forced to come over.
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Would you agree that the internet made the world smaller i.e. I can talk to my cousins in Malta from California for free, and the Blockchain is making the world even smaller i.e. I can send Hive to anyone in the world on the Hive Blockchain for free without the use of a bank?
It definitely did make things smaller but I still think people are trapped in the current financial systems. So it might take more time before it becomes mainstream.
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That is a very good point. Many people and businesses are carrying heavy debt paying a premium for the currency that they spend. My Brother has no interest in crypto and holds no assets. I would have to convert my crypto to fiat to give him any money and he will pay a premium especially if he banks it.
With a Hive account, I could send him Hive in any amount for free as often as I like. If he decides to power it up his Hive will earn more Hive. The banking system is so broken but a person has to be able to step outside of the system to see.
I am lucky 👍