Would you agree that the internet made the world smaller i.e. I can talk to my cousins in Malta from California for free, and the Blockchain is making the world even smaller i.e. I can send Hive to anyone in the world on the Hive Blockchain for free without the use of a bank?
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It definitely did make things smaller but I still think people are trapped in the current financial systems. So it might take more time before it becomes mainstream.
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That is a very good point. Many people and businesses are carrying heavy debt paying a premium for the currency that they spend. My Brother has no interest in crypto and holds no assets. I would have to convert my crypto to fiat to give him any money and he will pay a premium especially if he banks it.
With a Hive account, I could send him Hive in any amount for free as often as I like. If he decides to power it up his Hive will earn more Hive. The banking system is so broken but a person has to be able to step outside of the system to see.
I am lucky 👍