RE: The Banks Can´t Beat CryptoCurrency! - But They Try To Own It!

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The Banks Can´t Beat CryptoCurrency! - But They Try To Own It!

in cryptocurrency •  7 years ago 

I just read an article where the top brass in JP Morgan admitted that cryptocurrency was a threat to the way they do business. Goldman Sachs has publicly bashed blockchain and cryptocurrency, but was revealed to have created a whole desk floor dedicated to developing their own crypto and understand blockchain. I do believe that prices will boost and become mainstream. That banks will threaten our way and try to centralize the model, but I also have no fear, I truly feel we are at the beginning of something great. The capitalistic system or model is just a theory. And we are trying it out, its not sustainable. With cryptocurrency we are just starting to see the potential of blockchain and we as early adopters are ahead. Banks and regular industry are playing catch up. As we all know, when it hits mainstream finally, its already to late, the way blockchain operate has changed already. Don't worry, this time, the "people" are truly ahead of the industry I believe.

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They just try to keep the prices as low as possible so the can join the space and slowly gain control of it. Buying exchanges like Poloniex might just be the first step to a decentralized space, that´s controlled by the banks once again...