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RE: Musing Posts

in #musing-threads6 years ago

I would hope the whole cryptocurrency movement allows for quicker, cheaper and more transparent movement of money using blockchain rather than in and out of central banks and middlemen who have far too much control of the financial system.
I want these benefits to allow a certain amount of levelling off in terms of wealth. Hopefully the poor will get access to banking and lending, to start with on a micro basis and this will allow themselves to work hard and reap the rewards from their hard work through investment and entrepreneurship.
Wages to the salaried could be paid much quicker, and even on a daily basis straight after completion of the working day as the expense of 'doing the wages' will be cut right back and so improves cash flow.
There are so many benefits if only central bank regulation and the throttling of this new financial movement by governments isn't allowed to happen.