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There's no reason to believe that analogous companies won't emerge in cryptocurrencies (in fact it's already happening). VCs are betting there is a market to ca
by pornel 4y ago
There's no reason to believe that analogous companies won't emerge in cryptocurrencies (in fact it's already happening). VCs are betting there is a market to capture in reinventing payment gateways for merchants, easy-to-use wallets, privacy protections, insurance, escrow, loans, fraud detection, and so on top of cryptocurrencies. These corporations will stand between you and the merchants, and will be able to refuse doing business with you.
Don't expect you will be able to use "bare" decentralized blockchain protocols to bypass the new overlords any more than you can currently by sending cash in an envelope to bypass Visa.