Very good post, thanks. Yeah, when I looked at 'coinmarketcap.com' last, there were some 1170 cryptos listed. All of this is going to change, I believe. I see many (most) of these cryptocurrencies disappearing, and we know the criminal tendencies of the bankers will probably change the remaining situation, for the worse.
Greed, and the lengths that some are willing to go to in order to profit, always causes harm to the world as a whole, ALWAYS. Powerful countries happily create debt in struggling countries, that can never be repaid, in order to seize their resources. (World Bank - IMF) War is also an option. I live in the US, I know! Our government says we're spreading Freedom and Democracy, but it sure looks an awfully lot like Death and Destruction to me!
This is the issue that most of those coins have no real world connection and will disappear. The banks will be sure that every coin they make is backed by them and connected to the largest organizations in the world. They will offer security of mind... false security but one people respond to.
I believe that. It's sad that some of the worst criminals in the world control our money, and entire global economy. If a few dozen (at least) were still rotting away in prison from the 2008 fiasco, maybe they'd at least think twice before they do what they do. I doubt much would change, but I'd enjoy watching different ones head to prison from time to time. Instead, they're making their $150 million/year salaries, and getting their $100 million bonuses, and that's just what we know about! I literally get a sick feeling when I think about it. Some people are starving, yet some of this scum could literally feed small countries!