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Agree that there would be far-reaching consequences but remember that banking existed prior to the invention of electricity. We could go back to the old system
by brisance 9y ago
Agree that there would be far-reaching consequences but remember that banking existed prior to the invention of electricity. We could go back to the old system even though it would be immensely inefficient by comparison. The same can’t be said of crypto currencies.
- drb91 9y agoBanking did exist, but not in a form that is likely to be at all palatable to modern society. The breakdown of currency would have devastating impacts on social trust.