It is not a say of looking how crypto has the upper hand for the future of money. I recalled before the emergence of whatsapp, it was expensive to call abroad. Now you grab your phone and before you know it you can place a phone call via the internet. Someone has to pay for the internet but the call is free per se. My dad sent some funds for the kids but he used a money transfer company charging $7. I asked him why not using zelle or cashapp. I guess it is the remnant of the past where you need these companies for money transfer.
I can understand this phenomenon outside the US but here it should not be this way. I cannot wait when there is a service that can render crypto the logical vehicle to transfer funds. I know it exists but it is not fully facilitate for the world to use. It is a simple question and answer with a myriad buts in between. Central banks are around to control interest rates and hard for them to do lately inflation.
Sincerely I think inflation is quasi-impossible for them to control. No wonder it will always be around. The pursuit of #Stablecoins should be the usual path. lately there are bigger fish to fry posing the ascending goal for a bank stablecoins. As you know crypto benefits from speed of transaction, lower cost. It will help in the long run easier access to banking system.
Banks would like to hold all your funds giving them access to how you move yourself financially.
Crypto gives you a sense of privacy where you control your way around. In the bank term many need to use crypto fully for it to be a full-fledge business.
$3 trillion does not weigh more in the balance of the current financial market.
The underlying technology, the blockchain, the efficiency of doing business via crypto cannot be denied.
Sincerely crypto seems poise to shake all market. Apple will have a new way to hook you to their credit system. Buy now pay later. I think this is something crypto can do easily by holding what you have. I think I read something like that with Hive. It is similar in a way with #Hive #bonds. Just by searching and revising the financial sphere, crypto can cover anything the financial throws at it.
Crypto will do it a lot better since it is a trustless system and surely it runs on blockchain getting rid of middlemen.
CASH
If I recalled in 2017 there were more transaction online than with cash. This could be the case in the US. I saw most banks in my area got rid of drive through for their branches. Just a few offer that service. Even inside the bank they want you to do self service. So adequately the shifting is real. 60% of the banks stated cash are in decline.
Lately there is a bank looking for a master account. It is #Custodia bank. This bank deals a lot with crypto. The master account will help the bank to save on fees for off ramp fiat to digital currencies. All these are happening while crypto is slowly making ways for future gains.
Cash for the better term is the contrary to what digital currency will do.
Actually everyone loves cash. Cash is not the future of the financial world. It is an element for some business out there where this is the only way.
If you are involved in business long distance you know crypto should be your best friend. This is where you need expertise to grow and find ways to continue your innovation to stay ahead in the world of finance.
Keep on doing the vesting till the end.
