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Wait for a global ban on cash. Suddenly the only thing that will left for your finance to stay private will be crypto but some truly private (not like majority
by Ebree 4y ago
Wait for a global ban on cash. Suddenly the only thing that will left for your finance to stay private will be crypto but some truly private (not like majority privacy coins) & decentralised one or something like this on top of Bitcoin.
Everything is a bubble until it outlasts critics.
People hiding their wealth before marriage are a bigger market than drugs or hedging inflation.
If BTC would be extended with only one feature - transfering users funds not touched for a year to an auto lottery pool distributing funds to Bitcoin transaction makers randomly, BTC would become the biggest casino on earth.
BTC & crypto competes with these institutions. Why do you have cheaper international transfers now? Legacy fin infrastructure is a joke.
That's why cryto took off so easily.
Soon you may have a fully digital dollar/eurodollar which itself already is a global & free to use digital ledger, just with centralised issuance and link to oil & US securities.