Another Step Forward to Crypto Adoption || Standard Chartered Bank thoughts
A tweet from STANDARD CHARTERED BANK makes the whole situation skeptical and in many ways makes it even more positive for crypto HODLers and everyone related to it. Tweet!
It is no doubt, crypto is going to change the future of finance system. It is probably not that long, until we see the affects of it in our life. Although there are still words about CRYPTO which preferably is still considered a threat to the current system of finance. The governance of the gov will always have an impact or more precisely it will hold the way of evolving of crypto in every way possible. But only it will be able to put the tiger in a cage for so long in the long run. The words are spreading, people/investors/big pocket holders/even bankers are seeing the endless possibilities of the digital assets AKA Crypto.
Talking about bankers, I suppose they are the ones who does have a huge hand in manipulating the current market of our time. Nevertheless, one of the giant have probably shared some interest in CRYPTO and that can be taken as a positive turn of event. From what we have witnessed the lurkers are probably witnessing the change of decentralization over the centralized authorities and most certainly the concern of making the most profit in the early adoption (according to them) might be another case to support.
If only we see such accomplishment come over the finance System :
I mean, can you imagine how different the situation would be! It would be worth that we all have been dreaming of. I am well aware of the casualties of it as well but still the out come of the use case of crypto in banking sector could be a huge gain for almost every country. For a country like mine, where Foreign Remittance, is a huge blessing this sector can improve a lot. Even though the current system is fast and reliable but this changes could make them lighting fast. Just imagine your dear one has sent you $ US dollars from US in your bank account via crypto and the bank has converted those crypto according to the current rate of conversion and those have been deposited in your account within couple of minutes. That's crazy isn't it!
This could be just the beginning of something new. Endless possibilities, in almost all the sector of our life probably will be able to witness the changes and most of them would be the positive ones. Unless you intend to mis-use the way of the system. Either way mere speculations what could be achieved if this goes into affect and do not be mistaken DIGITAL CURRENCY will eventually see the rise in near future.
According to CMC currently we have 6537 cyrpto in existence (we probably have more than this number) which is terms of market capital runs to Market Cap: $360,559,063,184, the number of investors will increase and so will the value of the crypto would see a massive surge if any only gov sees the true form of crypto and how it can make a difference. More the demand, more the price!. After all, money seeks out for people, we just need to see the true way to grab the opportunity at hand. Once that phase is taken care of, the rest of the step would be much easier said than done. All hail to crypto mass adoption!
