Central banks... fiat... super high fees... super slow transactions.... ancient stuff. The world is about cryptocurrency now!
Is the end of central banks as we know them set in motion? Or will they come up with a master plan to stay ahead in the game? By perhaps joining forces with Ripple?
Like this post? Feel free to upvote, comment and resteem. And, as always... keep up the good work and may the Steem be with you!
Its not the end of the central banks; not in a million years. Infact decentralized cryptos will never overtake central banks. They control the vast majority of currency (trillions). Furthermore ; they can easily build an improved version of the blockchain technology (already happening) and implement it in their system and thus reduce fees allowing them to compete with any cryptocurrency. The only name (crypto currencies trying to act as a fiat) has to offer is "decentralization". Not good enough!
Indeed. Decentralization will eventually lead to new centralization. But with faster transactions, lower fees, etc.
The rothschilds arent stupid ;)
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STOPlol! this really made me laugh!
Excellent! Thanks for resteeming!
if it is, governments are going to have a huge job to regulate people trasacting and making money. world could be in chaos but isn't it already ?? who knows what is going to happen, im just enjoying the ride to be honest
Fiat money is annoying sometimes...
if i could upvote this 10 times i would...
Thanks man. A resteem is always nice!
done
Awesome! I have followed you.
Enjoying the ride here as well.
A lot is happening. But the banks will put up a hefty fight. A few are working with Ripple. A few (in Europe) are working on their own blockchain.
Interesting times!