To transform the banking system -
To improve the existing financial system -
I don't like them any more than you do but this industry will be regulated and they have the advantage since they have a culture of lobby. So, we don't want to give them the impression that we're trying to take them out because they can get scared and act without much thought to real consequences.
Banks are going to be around whether we like it or not, but from now on they're going to have to compete with the likes of the HIVE blockchain though...they're really going to have to step up their game else a lot of institutions will need to be bailed out again...
You arent going deep enough. This is outside regulations, much more expansive than what you are focusing upon.
That is what I mean when I say to replace the banking industry we have to understand it. Few do. It is not what we see put forth by the financial media or what is discussed about the traditional banking system. This is much wider and less obvious.
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You are correct, it was a superficial comment. I reacted to the title because I fear scaring bankers or other entities with strong interests. They have more support on the legal side of things, more experience. I will watch the video the minute I get some spare time :)