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RE: The Banking System: Cryptocurrency's True Threat

in LeoFinance4 years ago (edited)

Wait and see, in UK they just had an 180 degrees turn, and declared that they want UK to be a crypto-hub. facilities for crypto-companies, friendly legislation on fast-track, with an accent on stablecoin to be used in everyday life. The treasury is even minting an NFT to celebrate this. Sounds very strange and all alarm bells are ringing. How they will mess this out?

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What I am referring to is outside the regulators. Always was. Now that we have the path, we simply follow it.

This is where decentralization comes in. Unlike the shadow banking system that arose outside the view of most, crypto is doing it in public. For this reason we need to start doing things in ways that cannot be attacked.

Posted Using LeoFinance Beta

And I was reffering at the fact that the financial system is waking up and trying to gain control and centralization on the decentralization. This is worrying.