‘You can hear the panic in the bankers’ voices’
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Key points from the article
- “It’s like all transformative technology,” said Draper of the crypto revolution and some lingering reticence on the part of legacy institutions. “It’s just a matter of time. The more fear we impose on tokens, the longer it will take – but it is happening. You can hear the panic in the bankers’ voices. They get together and say they’re not letting it happen, put out lawsuits, try and get their government friends involved.”
- “When I look at ICOs,” he said, “I’m looking for a network, because the bigger the network the higher it can go up. The second thing I look for, is after the ICO is there a market for this coin?”
Network?
Hmm...I've heard of one.
the best part is:
Virtual assets, AKA, crypto-currencies are here to stay.
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there are other 'virtual assets'.
have you ever heard of a website called 'second life'.
at one time it was very popular.
'virtual everything' was for sale
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Crypto success is yet uncertain, though likely because blockchain is seemingly unstoppable. The victims at the end of the day are all the businesses that make their money as intermediaries, banks first and foremost, and fiat money ultimately.
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