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Bankers are well positioned to profit whether crypto dies or succeeds. Disabuse yourself of any notion that crypto will "defeat the banking system". It is cool
by boppo1 4y ago
Bankers are well positioned to profit whether crypto dies or succeeds. Disabuse yourself of any notion that crypto will "defeat the banking system". It is cool technology and might move commerce forward (remains to be seen) but any empowerment of "non bankers/elites" will be limited to those who have had time/education for deep technical literacy. Average people will largely use crypto solutions through intermediaries who will be "new bankers" and pull lots of the same BS we don't like bankers for pulling. See: OpenSea insider trading
- hi5eyes 4y agobankers/quants already use illegal tactics in crypto, look no further than some the biggest cexs dont really think using the most recent OpenSea situation is the best example, seems like like pr to broaden the definition of securities to