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RE: Age Of Abundance: The End Of The Banksters; Real Power Unleashed
Seriously I dont think they will hang on for long. Things are changing rapidly and we will see their system collapsing in the next 3 or 4 years. Their future is in our hands, so we need to be strong until everything collapses :)
Oh man I wish they would just roll over and die like that. They'll fight dirty for as long as they can.
Yes I am sure they will for their own benefits.
It's important also to understand that the system that currently is in place has done lots of good too. It's not a pure Black and White thing. It will not collapse that fast as 3-4 years. Since majority of humans are using this system at the moment for their daily living. Many people have been able to start businesses because of kind Bank loans. Will at least take 30 years for a system like that to collapse. We are still at least 5 years away from amazing dapps being released that can be used by lots of the mainstream masses.
Surely the Banks will try to use Crypto + Bank but that makes it sort of pointless... The awkward moment when they realize that we truly do not need them anymore. You can even make your own Debit Card these days it doesn't have to be issued out by a Bank. Even hearing me say the word Bank now it sounds ancient in my head. Collapses are never good we want a smooth transition that is much better to hope for. Since panic is not good for anyone. But yes surely change can also happen fast especially when a new generation is growing up with smartphones and most of their life exist on the Internet. Pretty big shift compared to earlier generations.
If a new system gets created that means there is lots of responsibility on the new ones to really care for the new format and not try to go in any extreme direction. We are many people on Earth so things if they move in extreme directions very bad things can happens in a matter of a few weeks. We usually see some kind of collapse every 10 years so we are getting very close to the next one right now. Will be interesting to see how the Crypto industry will react to a stock market collapse for example.
You are right. The loans helped a lot of people and put others in trouble. I really doubt that they would use Crypto. I think after some years we might pay taxes for Crypto. Governments are always looking for different ways to cash money. Whatever will happen is unpredictable, but will be surprising. Some years ago we didnt had even Crypto, but see now. More people are getting involved everyday and make us have hope in changing the future.