Daily: Ethereum Defeats Bank of America ???

in bitcoin •  7 years ago 

Bank of America is facing a rapid replacement of their services by Blockchain technology.
0:45 Market Analysis
1:16 Bank Of America is feeling the crypto sting
3:09 Turkey, Iran To Release State-Backed
3:43 Ethereum’s EIP 867 battle
4:48 Gaming Giant Ubisoft is Exploring Blockchain Technology

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@boxmining Great post! I hope boa crashes and burns lol. Follow me back for a lighter view of crypto @thetruth36

nice

lighter in which sense @thetruth

Yupp, the banks are sweat-n & shit-n- bullets right now..they r trying to stay calm..LOL

Weird title, BoA just admitted crypto can discourage ppl from using banking services...

I think business models fail and get disrupted when they stop serving their customers, adopt monopoly practises that penalise their customers, and technological advances disrupt the model.
A lot of people would say that all of the above applies to the banking sector which is why IMHO a lot of people are switching to crypto and blockchain technology.
In the long run would you rather rely on the opaqueness of the banking system or the relative clarity of a crypto based smart contract specified in code and deployed on a trustless network?

Still very surprised about the Bank of America despite all other banks still try to fight it to death.

Great videos Michael!!! Let’s do a collab sometime I have a small subscription base but I would like to do an interview with you for my channel! Let me know if your are interested and keep the great content coming my friend!!

Great Post and Donation

I'm a person who was a die hard gamer when i was a kid,so the company like ubisoft is turning this blockchain which shows the gaming level will take to the next level of craziness.thanks for the post boxmining

nice poss

@boxmining May I just say as an active Dtube vlogger and Steemit blogger. You are my number one source for cryptocurrency news. Much Love

Love seeing Bofa crying

Yes!! I really feel that banks should start rethinking their services and strategies if they want people’s business. Either join or die out.
I would love for the real estate market to come into the blockchain technology also, what do you think?

Always looking forward to your videos, thanks for bringing fresh news and your opinion!

I think that the banks and other financial institutions will follow the “if you can’t beat them, join them” dogma as it will ultimately lead to a win/win scenario as adoption increases. The efficiencies gain in their traditional processes should outweigh the impact to their business model.

Ethereum is a fundamental cryptocurrency in the market hope to see this technology in the mainstream financial market till then just HODLing great video @boxmining .