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RE: Cryptocurrency: Printing Money To Make Money

in LeoFinance2 years ago

Once we will get to the point where crypto will be used to pay for projects having use case in the real world and the usability of this technology will finally be handled as it should it's game over for the legacy system. There's no way stopping this train at that point. El Salvador is a test pilot and many will follow when they'll simply have the confirmation.

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I wouldnt count the legacy system out just yet. There is a lot that will adapt. What we are going to see, in my opinion, for the next couple of decades, is a hybrid model.

Cryptocurrency is going to keep advancing while much of the legacy system (but not all) disappears. After that, we will see new institutions expand and grow until all is replaced.

But it is going to take time. El Salvador, right now, provides protection against government actions. As long as their is one place where one can use as an on and off ramp, crypto will continue to keep advancing.

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