Is that pic of the fed meeting on jekyl island in 1913? lol I cant wait for crypto to create the biggest transfer of wealth in history!
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Is that pic of the fed meeting on jekyl island in 1913? lol I cant wait for crypto to create the biggest transfer of wealth in history!
Crypto is transferring wealth, that is for sure, but I am not so sure it is immune to the problems of the past.
I reckon @cyberblock's prediction could be 100% right!
Other people are alluding to the same sort of transformation @gavvet.
https://steemit.com/money/@ozmaga/an-era-of-enormous-wealth-creation
There is no reason to believe that the banks and the governments aren't already deeply invested in Cryptocurrency. I'm not sure we will be transferring wealth as much as we will be changing the medium in which their wealth resides.
The banks will be delighted as they will be able to reduce their headcounts when the blockchain validates their transactions without the need for so many employees.