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RE: The Meaning of Steem

in #steem7 years ago (edited)

Great post @stellabelle !

As a bank, I would definitely worry.
They have built their Empires thanks to huge regulation, governments relations and no alternatives.
Cryptos are able to develop without the need of hundreds of workers and lawyers to adapt to the regulation.
Regulation has been put in place to protect from theft and to give banks a high barrier to entry so they would be "protected" from competition.
With the rise of Tech and crypto; This is over and they know it.
They won't go down without a fight but overall blockchain is In the interest of the people (no fees, secure and will be made Easy).

Adapt or survive.

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ha ha yeah. Adapt or survive! That's why I tell all my middle aged friends that they need to be bot shepherds! If you're not a programmer, then become a robot shepherd at least! We are going to need this....