RE: Cryptocurrency Goal Should Be To Eliminate Banks

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sepracore (63)in LeoFinance • 3 years ago

It is better that it happens very very slowly. Like boiling a frog.

3 years ago in LeoFinance by sepracore (63)

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taskmaster4450le (80) 3 years ago

Exactly. I was going to say so they dont know what is happening but I think the bankers are fully aware of the threat.

Governments, ie politicians and bureaucrats are still asleep though. We simply need to change the governance models right out from under them.

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sepracore (63) 3 years ago

I agree they know we have the tools/technology to pull it off. I think they arrogantly assume a few things:

The blockchain that pulls it off will be of the web 2.5 variety and will be ultimately regulatable, setting the new 60-80 year standard for them to continue what they are doing.
Any true web 3.0 blockchain can’t pull it off because how can anything of significance be accomplished without centralized leadership and VC money. “Look at those decentralized amateurs running around!”

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