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     6 years ago  
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     6 years ago (edited) 

    From what I've been reading, time could well be one thing (yet to be completely defined), while our perception of time—how it progresses, relativity, etc.—could be a whole different matter.

    I think there's really no doubt that our perception of time is linear. We don't jump around in a timeline between our past, present and future living events that took place in a non-chronological order. Yet, it's quite possible that time has properties that might allow for such things if we knew how to access it, or rather, step outside of it.

    What we are capable of perceiving and what actually may exist has been a question that has been thought over throughout the ages, and only become more complicated as we get better at measuring what is going on around us. So, time, along with all kinds of unexplained phenomena, could have all kinds of characteristics that we're just not able to realize because of some limitation we have as mortal beings.

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     6 years ago  
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     6 years ago (edited) 

    At this point, I think it's a little premature to predict just what cryptocurrency will do with regards to anything, and most particularly banks.

    There is a lot of wealth and power associated with banks, so to think that will just go away thanks to technology and mass adoption is unlikely. While much of crypto is based on some sort of decentralized blockchain, there's nothing that says those behind the world banks couldn't create their own version where they're still in control.

    If those behind the banks were to underestimate the growing power and momentum of cryptocurrency until it was too late, then I suppose there's a chance for crypto to destroy banks. The likelihood of that level of arrogance though, considering how long these people have held and maintained power, is low.

    Cryptocurrency across the board will need to improve it's point of entry, make it possible for more people to get involved and do so not only on a decentralized blockchain, but via a decentralized access point (without an internet provider) and via as cheap a device as possible. Then, it will need to weather all hack attacks, and gain enough trust by the people in order for the mainstream to feel comfortable with it.

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     6 years ago  

    Thank you, for a complete and likely predictable course of events, answer.

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     6 years ago  

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