We have learned that whenever the Internet comes to an industry, it obliterates whatever is there. When the Internet came to money, it really put the banks on notice. I don't know if they got the message as of yet.
I've been saying this for years now. The MP4 put the hurt on the movie industry. The MP3 almost killed the music industry. Email put the hurt on letter carriers and mail. BTC and crypto will put a huge hurt on banks when it goes mainstream. Smart contracts and DeFi projects may even put the hurt on traditional loans. I don't even think we comprehend how disruptive crypto will actually be to both governments and banking. It's a serious game changer for sure.
Posted Using LeoFinance Beta