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How many of those benefits are based on regulation avoidance and will go away after crypto is more main stream or after its disruption will force institutions i
by therealdrag0 6y ago
How many of those benefits are based on regulation avoidance and will go away after crypto is more main stream or after its disruption will force institutions into offering more agile features through existing institutions (like faster cheaper transfers)?
- lawn 6y agoThe only ones legally questionable are the use of darknet markets and offshore banking (which isn't illegal, but maybe should be). While it's true that other solutions may improve, and I think they might be forced to, it's difficult to imagine middlemen surviving when the fee they can extract goes to zero. It's also difficult to imagine another system providing irreversible transactions as quickly as cryptos do. And I don't think any of the benefits go away after crypto goes mainstream.