It is interesting to watch entities embrace the medium that ends up destroying them.

Cryptocurrency is the money of the internet. In other words, the internet came for to the world of money. And just like it did to the information and communication realms, it creates abundance. We now have more information than we can consume and more ways to communicate than we can use.

Also, the internet destroys whatever is standing when it enters a market. Newspapers and magazines use to be thriving...the internet put most out of business. Record companies and distributors were highly profitable. No longer. The same is true for video.

We will see the same thing in the financial arena. Give it 5 years and many of the existing financial structures will either be gone or downsized. The bankster hold on the world is quickly falling apart.

We are operating under a new model while the centralized structures are holding onto their old one.

It will fail...the internet promises that.